< PrevNext > 91. Ford Motor Co. Dearborn, Mich. Share 2016 U.S.-Booked Air Volume: $49.4 millionConsolidated Global TMC: Amex GBTFord Motor Co. spent $49.4 million on U.S.-booked air volume in 2016, as estimated by BTN. Ford dropped off BTN's list in 2015 and 2016, and its place could be short lived now. Amid declining revenue and the need to invest in innovation, the company began pursuing costs of $3 billion annually in 2016, 2017 and 2018, a potential negative impact on travel. To reduce labor costs, Ford had planned to build a small car manufacturing plant in Mexico and move those operations out of the U.S. but scrapped the project. Instead, it will move small car manufacturing to China to leverage existing manufacturing capacity there and will expand its Kentucky plant to focus on SUVs and crossovers, preserving about 1,000 jobs there. Even so, the automaker announced in May that it would lay off approximately 10 percent of salaried positions this year, mostly in the U.S. and Asia/Pacific, a move that also could reduce travel volume. Ford named former Steelcase chief executive Jim Hackett as CEO in May. He replaced outgoing CEO Mark Fields.