Amadeus has appointed Champa Magesh to become the executive vice president of retail in travel channels and managing director, EMEA, effective immediately. Magesh, who previously managed this travel channels segment in Asia Pacific, replaces Leon Herce who has left Amadeus.
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.