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.
Last summer, the aviation industry set a new record, with over 200,000 aircraft taking to the skies every day. In a competitive marketplace, airlines are looking for the right technology that enables them to deliver memorable experiences for their customers.
Amadeus has reached a landmark moment in its systems infrastructure as it begins to deploy its shopping applications onto Google Cloud servers following the decommissioning of its mainframes.
Amadeus maintained solid financial growth in 2018, reporting a 6.6 per cent increase in revenue to €4,944 million for the year. The figure was supported by the operating performance of both its distribution and IT solutions businesses, as well as the acquisition and consolidation of the TravelClick business from October.
The technology allows businesses to generate single-use digital cards, providing greater control and oversight of spend.