2024 U.S.-Booked Air Volume: $206 million
2024 Global T&E: $473 million
Primary U.S. Hotel Suppliers: Hilton, Hyatt, Marriott
Primary U.S. Car Rental Supplier: Avis
Global Online Booking Tool: SAP Concur
Global Expense Tool: SAP Concur
Primary Global Payment Supplier: Citi
Global Travel Risk Management Supplier: Everbridge Assist, powered by Anvil
Consolidated Global TMC: Corporate Travel Department, supported by CTM
Boeing's 2024 U.S.-booked air volume decreased to $206 million from
$242 million in 2023. It projects 2025 volume to reach $220 million. Its
T&E expenses declined as well, to $473 million from $552 million a year
prior.
In 2024, the aerospace company's corporate travel department
achieved productivity improvements, and updated service-level agreements and
had staffing adjustments to respond to large shifts in volumes throughout the
year. Boeing also completed global card local currency implementations and
updated its compliance processes, including for the P-card, while integrating
subsidiaries into the program.
About 93 percent of Boeing's U.S. air tickets were booked through
preferred online booking tools. Of that figure, 79 percent were booked through
OBTs without agent assistance. The company
plans to implement New Distribution Capability in 2025.
Boeing is using AI to audit expense reports and has employed hotel
and airline reshopping into its program. It did not consolidate
meetings data in 2024, however the company did leverage its
meetings and transient travel spend in 2025 hotel negotiations.
The company reported 2024 revenue of $66.5 billion,
down from $77.8 billion
a year earlier. Boeing delivered 348 aircraft
during the year, down from 528 delivered in 2023. Its global workforce as of
Dec. 31, 2024, was 172,000, nearly even
with the 171,000 reported in 2023.