Travellers today increasingly look to travel agencies to help them search for and book travel on low-cost carriers. This demand is driving the need for platforms such as Ypsilon as they aggregate low-cost content for agents and help them pay the airlines in new, more flexible ways.
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.