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Amadeus overcomes micro economic environment to boost profits

Amadeus overcomes micro economic environment to boost profits

27 February 2013 Travel Technology News

Amadeus IT Holding has announced adjusted profits from continuing operations of €575.1 million for the year ended December 31st, an increase of 18 per cent on the previous year. This was backed by growth in revenue at the IT giant of 7.5 per cent to €2.9 billion and a 6.6 per cent rise in EBITDA to €1.1 billion.

Amadeus predicts rise in long distance rail travel

Amadeus predicts rise in long distance rail travel

Long-distance passenger traffic will increase by 21 per cent to reach over 1.36 billion by 2020, 238 million up compared to 2011 figures, according to a recent study from Amadeus. The report - entitled The Rail Journey to 2020 - focuses on the period 2011-2020, which will see the passenger rail industry in Europe impacted by an unprecedented combination of factors: some relating to structural change, others arising from opportunities created by infrastructural investments and technology.

SriLankan Airlines links with Amadeus

SriLankan Airlines links with Amadeus

8 February 2013 Airline News

SriLankan Airlines, the national carrier of Sri Lanka, and the Amadeus IT Group, have announced a landmark agreement that will see the airline migrate to Amadeus’ full Altéa suite by 2014. The deal, which is the first of its kind for Amadeus in the Indian subcontinent, will enable both SriLankan Airlines and its sister airline, Mihin Lanka, to adopt Amadeus’ next generation IT suite in order to manage its mission-critical reservations, ticketing, inventory and departure control processes.

Amadeus examines changing face of UK business travel

Amadeus examines changing face of UK business travel

Amadeus has today released a report - Amadeus Business Travel Insights: the 21st Century Business Traveller - which charts the behaviour and aspirations of business travellers across the UK. The report is based on a survey of over 400 UK and Ireland adults, who work for large companies and regularly travel for business and was conducted in December 2012, by ICM Research on behalf of Amadeus UK.

Amadeus praised for investment commitment by EU

Amadeus praised for investment commitment by EU

14 January 2013 Travel Technology News

Amadeus has maintained its top sector ranking as one of the leading companies in Europe for investment in Research & Development, according to the European Commission. The 2012 EU Industrial R&D Investment Scoreboard, an annual report published by the EC, examines the largest 1,000 European companies investing in R&D during 2011 and ranks them according to the total amount invested.

Air France-KLM and Amadeus renew vows

Air France-KLM and Amadeus renew vows

Air France-KLM and Amadeus, a leading technology partner for the global travel industry, have renewed their content agreement. Thanks to the deal, travel agencies worldwide will continue to have guaranteed access to the full range of fares and inventory relating to more than 74.8 million seats and 90.000 flights operated annually by Air France and KLM through the Amadeus system.

Malaysia Airlines signs on with Amadeus

Malaysia Airlines signs on with Amadeus

Malaysia Airlines has signed a new content agreement with Amadeus which allows all worldwide Amadeus travel agents access to the carrier’s fares, inventory and schedules. The new contract also contemplates the deployment of Amadeus’ sophisticated Distribution functionality to facilitate Malaysia Airlines’ yield management processes throughout the Amadeus network.

Korean Air signs broad Amadeus agreement

Korean Air signs broad Amadeus agreement

Korean Air and Amadeus, a leading technology partner for the global travel industry, have signed a full content agreement providing travel agencies worldwide guaranteed access to the full range of fares and inventory through the Amadeus system. The agreement ensures that Korean Air’s schedules, fares and inventory content is available through all Amadeus points of sale worldwide, including travel agencies and travel management companies.

Amadeus Altéa Departure Control System winning industry support

Amadeus Altéa Departure Control System winning industry support

5 December 2012 Airline News

Amadeus has secured 20 long-term IT agreements with ground handling companies in just 18 months since the launch of the Amadeus Altéa Departure Control System. Once these 20 customers are fully migrated to the new platform by 2015, Amadeus will be processing 85+ million passengers boarded per year through this solution.