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Amadeus reports strong start to financial 2019

Amadeus reports strong start to financial 2019

Tech giant Amadeus has seen revenue increase by 14.6 per cent, to €1,410 million, over the first three months of financial 2019.

In a strong performance for the company, EBITDA expanded 11.3 per cent, to €600 million.

Luis Maroto, president and chief executive of Amadeus, commented: “Within a complex travel industry environment, Amadeus has maintained its good momentum into 2019, with healthy growth levels in both of its core segments.

“In distribution, we continued to expand content for our subscribers and increased our competitive positioning in terms of air bookings.

“Our IT solutions also performed positively, thanks to a growth in passengers boarded, an increase in upselling and new functionalities for our customers, and the addition of TravelClick to the Amadeus family.


“I am confident that thanks to the resilience of our business and the broadening of our customer base, we will continue to deliver good growth in 2019.”

Income from distribution activities climbed by six per cent to €840 million during the quarter.

Travel agency bookings through the Amadeus global distribution system increased by two per cent, largely fuelled by a significant increase of 15 per cent in North America.

The region is now the second biggest for the company.

The overall growth figure in air bookings was offset by a 13 per cent decline in Asia Pacific following the suspension of Jet Airways in India and elections in the same country.