< PrevNext > 20. GE Boston Share 2020 U.S.-Booked Air Volume: $33 million Primary U.S. Payment Supplier: American ExpressPrimary U.S. Expense Supplier: ConcurConsolidated Global TMC: CWTGE U.S.-booked air volume totaled $33 million in 2020, down approximately 78 percent from $150 million in 2019. Last year, GE achieved its 2020 carbon emissions reduction across its operations, having achieved a 21 percent emissions reduction between 2011 and 2019. The company has now pledged to achieve carbon neutrality across its operations by 2030, and recently set a further ambition to be a net zero company by 2050, including the Scope 3 emissions from the use of sold products. In 2020, GE’s total revenue totaled $79.6 billion, representing a 16 percent year over year decline. A key source in the revenue decline has been the GE’s aviation segment, which suffered from an economically depressed global aviation industry. To reduce costs in the segment, GE reduced its headcount by 11,000. The company employs 174,000. GE sold its biopharma unit to Danaher in March 2020.