Bookings boost drive Amadeus results

8th Mar 2007

Amadeus has announced positive business results for
the twelve months ending 31 December 2006.  Total bookings grew by 5.5% to 499.5m. Online air bookings grew by 25.5% and now
represent 16.2% of total air bookings. Amadeus had 31% of the market in travel
agency air bookings in 2006, up 1.74 percentage points year-on-year. Total revenue
grew by 10.9% to EUR 2,683m.

José Antonio Tazón, President and CEO, Amadeus, comments: “Investment in
research and development is the driver of any technology company. Amadeus remains as
firmly committed to our investment plans today as we were eighteen months ago when
we left the stock exchange. Our investment in the development of leading-edge
technology for airlines, travel agencies, hotels and the full range of customers we
serve continues to keep our solutions ahead of the marketplace. 

In 2006, Amadeus migrated a further four airlines to Amadeus Altéa Customer
Management Solution, to take the total number of airlines using our next generation
customer management technology to 29. We also expanded our portfolio of travel
agency technology with the acquisition of TravelTainment, a German company which
develops sophisticated pricing, search and dynamic packaging technology for online
leisure travel companies selling direct to consumers. By augmenting our offer in
this way, and continuing to migrate our core technology to advanced, open systems,
we are confident that Amadeus will remain at the forefront of technology for the
travel industry.” 


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