2025 U.S.-Booked Air Volume: $225M
Primary Global Online Booking Tool: SAP Concur
Consolidated U.S. TMC: Frosch
BTN estimates banking and financial services giant JPMorganChase & Co. spent $225 million in U.S.-originating air volume in 2025, placing them at No. 7 on the Corporate Travel 100.
JPMorgan Chase & Co.The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chase reported total net revenue of $182.4 billion in its full-year earnings report for 2025, up 3 percent over the previous year. Net income for the year was $57 million. The firm employed 318,512 people across 60 countries as of Dec. 31, 2025.
JPMorgan Chase & Co. has developed a strong travel business of its own over the past 5 years, having acquired Frosch Travel Company in May 2022. The firm now uses Frosch as its consolidated travel management company and remains primarily on SAP Concur for booking.
The firm in June 2025 also become part of a new wave of online business travel booking and management platforms with Chase Travel Corporate Solutions, built largely from its Frosch, TCG Consulting and cxLoyalty acquisitions. The corporate solutions division is part of the firm's larger Chase Travel Group, ranked No. 6 on Travel Weekly's most recent Power List of the top-selling travel agencies.