2020 U.S.-Booked Air Volume: $14.8 million
BTN estimates that PepsiCo’s U.S.-booked air volume declined 78 percent to $14.8 million in 2020 compared with $67 million in 2019. Net revenue at the beverage and snack food conglomerate in 2020 was $70.4 billion, about a 5 percent increase over 2019’s
$67.2 billion.
In 2020, the company’s acquisitions included Rockstar Energy Beverages, Pioneer Food Group of South Africa and the remaining shares of Hangzhou Haomusi Food Co. (Be & Cheery), one of the largest snack companies in China. But the big news was its announcement
in August 2021 that it had agreed to sell Tropicana, Naked and other North American juice brands to a French private equity firm for pretax cash proceeds of $3.3 billion.
As of Dec. 26, 2020, PepsiCo employed approximately 291,000 people worldwide, including 120,000 people in the United States. The global figure represents a 9 percent increase from the 267,000 employed as of Dec. 28, 2019.