2020 U.S.-Booked Air Volume: $100 million
Primary Global Expense Reporting Tool: Concur
Global Travel Risk Management Provider: ISOS
Primary U.S. Payment Provider: J.P. Morgan Chase
Primary Global Payment Provider: American Express
Consolidated U.S. TMC: CWT
Amazon’s U.S.-booked air travel fell in 2020 to $100 million
from $565 million in 2019 as a result of the Covid-19 pandemic. Further, the
company’s CFO Brian Olsavsky said during an October 2020 third-quarter earnings
call that Amazon had already saved nearly $1 billion in overall travel expenses
during the pandemic.
Amazon reported $386.1 billion in net sales in 2020
resulting in net income of $21.3 billion, representing increases of 37.6
percent and 97.6 percent, respectively, over reported fiscal year 2019 results.
The company acquired movie studio MGM for $8.45 million in May 2021, its
second-largest acquisition after its 2017 $13.7 billion purchase of Whole
Foods, according to Reuters.
Corporate purchases and Amazon-branded product Scope 3
emissions, which includes business travel, were 16.7 million metric tons of
carbon dioxide equivalent in 2020, compared with 15.4 in 2019, for an 8 percent
increase.
As of Dec. 31, 2020, Amazon employed approximately 1.3
million employees worldwide compared with about 1 million workers in June 2020.
In July 2021, founder Jeff Bezos stepped down as CEO, with Andy Jassy taking
the reins of the company. Bezos is now the executive chairman of the company’s
board of directors.