Christophe Bousquet, senior vice president, airlines research and development with Amadeus, here explores what the company is doing to support customers across the business during coronavirus pandemic
Amadeus has seen revenue contract by 27 per cent during the first quarter of financial 2020, to €1,021 million. Adjusted profit contracted by 58 per cent, to €141.8 million.
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 has appointed established digital technology leader Freddy Friedman as the new managing director of its data-driven travel advertising company, Travel Audience.
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 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 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.