2017 U.S.-Booked Air Volume: $170 million
2017 Global Air Volume: $332 million
2017 U.S. T&E: $420 million
2017 Global T&E: $725 million
Principal Air Suppliers: American,
Delta, United, British Airways & Cathay Pacific
Principal Hotel Suppliers: Hilton,
Marriott, Hyatt & InterContinental
Principal Car Rental Suppliers: Avis,
Enterprise, Hertz & National
Principal Online Booking Tool:
GetThere
Principal Payment Supplier: JPMorgan
Chase
Principal Expense Supplier: Concur
Consolidated Global TMC: CWT
JPMorgan Chase & Co.'s revenue increased 4 percent year
over year in 2017 to $99.6 billion. U.S.-booked air volume grew at a faster 8
percent, though U.S. T&E fell $10 million to $430 million. Global air
volume rose $27 million, and global T&E decreased $5 million. The bank
employed 252,539 people globally in 2017. For the second time in two years, it
will raise wages; this time, wages for the 22,000 employees making between $12
and $16.50 an hour will rise to between $15 and $18, depending on their local
cost of living. The bank plans to expand its consumer branch business into U.S.
cities like Boston, Philadelphia and Washington, D.C. It also plans to build as
many as 400 branches in 15 to 20 new international markets and hire as many as
4,000 employees over the next five years. The bank is prepared to move between
300 and 400 jobs around Europe in the event the U.K. conducts a hard exit from
the European Union.