Amadeus News
Amadeus seeks €1.5bn in new liquidity to battle Covid-19 pandemic
Amadeus has issued €750 million in new capital and €750 million in senior convertible bonds to further strengthen its capital position. The tech leader sought to improve its liquidity in the face of the near-term uncertainty caused by the impact of Covid-19 on global travel.
Amadeus reports strong financial results for 2019
Growth was supported by the solid operating performances of its businesses, particularly IT Solutions, the consolidation of TravelClick and positive foreign exchange effects.
Lufthansa Group extends Amadeus partnership
Through this agreement, Lufthansa and its portfolio of airlines will continue to rely on the Altéa Passenger Service System to manage reservation, inventory, ticketing, disruption management at the airport and departure control.
Friedman handed leadership role with Amadeus-owned Travel Audience
Amadeus has appointed established digital technology leader Freddy Friedman as the new managing director of its data-driven travel advertising company, Travel Audience.
Seera Group extends Amadeus partnership in Middle East
Seera Group works closely with Amadeus to strengthen its online business further, integrating digital touch-points across all its operations, including its flagship corporate and government travel business, elaa.
Schutte handed senior online travel role with Amadeus
Eduardo Schutte has taken up the role of senior vice president, online travel, Americas, for Amadeus and is the newest member of the Travel Channels leadership team.
Amadeus signs new Air India distribution agreement
Amadeus and Air India have announced that the airline will benefit from the world’s largest and most diverse travel seller community, using the best professional sales technology, underpinned by the Amadeus Travel Platform.
Cuesta handed vice president role with Amadeus
Amadeus has appointed Fernando Cuesta to the role of senior vice president, commercial, Europe, hospitality. Based in Madrid, Cuesta will oversee all European countries as well as French-speaking countries in North Africa.
Amadeus to showcase full Hertz inventory around the world
Amadeus has announced a new agreement with the Hertz Corporation to provide travel agencies and travellers around the world access to the car rental company’s full inventory across its Hertz, Dollar, Thrifty and Firefly brands.
Amadeus expands NDC partnership with United Airlines
Amadeus has announced a continued partnership to industrialise New Distribution Capability by developing, testing and bringing to market new content offerings. Among the new offering will be United Airlines’ new corporate bundles and dynamic bundled fares.
American Airlines stakes claim to NDC leadership
American Airlines, American Express Global Business Travel and Amadeus have announced what they are calling a “milestone” in travel retailing at the Global Business Travel Association Convention.
Amadeus reports sharp earnings increase
Travel tech giant Amadeus has maintained its positive growth trend in the first six months of 2019, thanks to the solid operating performances of its distribution and IT Solutions businesses.