Ignacio Martos set for Opodo exit

4th Jul 2011
Ignacio Martos set for Opodo exit

Opodo has confirmed chief executive Ignacio Martos will leave the company after five years.

He will be replaced by eDreams chief executive Javier Perez-Tenessa following the merger of Opodo, eDreams and Go Voyages.

The move comes after Amadeus announced it would be selling Opodo to AXA Private Equity and Permira Funds for €450 million.

Amadeus has been seeking a buyer for Opodo since October 2010 after it announced the company was no longer a strategic asset.

Internet travel agency Opodo was founded by a consortium of European airlines, including British Airways, Air France, Alitalia, Iberia, KLM, Lufthansa, Aer
Lingus, Austrian Airlines and Finnair.

Amadeus presently owns 99.4 per cent of the organisation.



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