2020 U.S.-Booked Air Volume: $28 million
Primary Global TMC: CWT
Private equity and investment firm TPG in 2020 reduced its U.S.-booked air spending substantially, according to a BTN estimate.
Privately held TPG has invested in hundreds of companies across a wide range of industries. While many of those companies have their own business travel programs and policies, TPG has developed its own to govern the activity of its direct employees. Some companies in which it has invested have joined the managed travel program.
TPG in 2021 purchased a stake in DirectTV, spun off by AT&T into a separate entity.