2017 U.S.-Booked Air Volume: $87 million
Consolidated U.S. TMC: Amex GBT
According to a BTN estimate, automaker General Motors'
spending on U.S.-booked air travel dropped more than 5 percent in 2017. Revenue
declined about 2.4 percent to $145.6 billion. Total expenses declined 2.6
percent to $135.6 billion. The company at year-end 2017 had about 180,000
employees, about 77,000 of whom were salaried. One year earlier, GM had 225,000
employees, 90,000 of whom were salaried. GM's car-sharing operation, Maven,
expanded to 18 cities in the U.S. and Canada in 2017, and the company is
piloting the operation in Australia. The company also rents vehicles on a
weekly basis to Uber and Lyft drivers in some U.S. cities; GM in 2016 paid $500
million for a 9 percent ownership stake in Lyft.