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Amadeus reports increase in net profits for 2013

Amadeus reports increase in net profits for 2013

28 February 2014 Travel Technology News

Amadeus IT Holding, parent company of the Amadeus Group, has reported an adjusted profit for the year to December 31st 2013 of €620 million, an increase of 7.8 per cent on 2012. This was supported by an increase in revenue of 6.6 per cent, to €3,104 million, and 7.2 per cent growth in EBITDA, to €1,189 million.

Orbitz signs two key partners in United States

Orbitz signs two key partners in United States

11 February 2014 Travel Technology News

Amadeus and Orbitz Worldwide, a leading global online travel company which uses technology to transform the way consumers around the world plan and purchase travel, have announced the two companies have entered into a new multi-year agreement. At the same time Orbitz has also completed a long term GDS agreement deal with Travelport, a leading distribution services and e-commerce provider for the global travel industry.

Amadeus acquires UFIS Airport Solutions

Amadeus acquires UFIS Airport Solutions

Amadeus has continues its expansion into the Airport IT space with the acquisition of UFIS Airport Solutions, a leading airport information technology player. The acquisition of UFIS Airport Solutions significantly enhances Amadeus’ existing position within the Airport IT industry.

Amadeus shines spotlight on business travel

Amadeus shines spotlight on business travel

Tech giant Amadeus has released its annual insights report titled ‘Amadeus Business Travel Insights: Business travel gets personal’, 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 2013, by ICM Research on behalf of Amadeus UK.

Amadeus unveils ground-breaking baggage reconciliation system

Amadeus unveils ground-breaking baggage reconciliation system

Amadeus, a leading technology partner for the global travel industry, announces an agreement today with Icelandair, a customer-oriented airline and travel service company serving 31 gateways in Europe, the USA and Canada, to develop a baggage reconciliation system, Amadeus Airport BRS, capable of offering real-time, automated loading, tracking and management of baggage.

Amadeus Airline Fare Families launches in Europe

Amadeus Airline Fare Families launches in Europe

Amadeus has said it is working with two airlines to help them significantly advance their merchandising capabilities through travel sellers, both corporate and leisure-focused, by using Amadeus Airline Fare Families. Finnair and Brussels Airlines are launching the display module of the Amadeus solution with travel agency partners Finland Travel Bureau and Sirius Travel in test markets. 

Lufthansa signs up for Amadeus Airline Ancillary Services

Lufthansa signs up for Amadeus Airline Ancillary Services

Lufthansa and Amadeus, a leading technology partner for the global travel industry, have announce a new agreement that will see the airline sell advance seat reservation as an ancillary product in the travel agency channel using Amadeus Airline Ancillary Services. The agreement, which also applies to Lufthansa’s subsidiary Austrian Airlines, Austria’s flag carrier, means that travel agents using Amadeus in 63 markets worldwide will be able to book advance seat reservations in Economy Class for travellers flying on domestic and European routes.

Amadeus to acquire Newmarket International in $500m deal

Amadeus to acquire Newmarket International in $500m deal

Amadeus has announced it is to acquire Newmarket International, a leading provider of cloud-based group and event IT solutions to the hotel industry, for $500 million. The addition of Newmarket, based in Portsmouth, New Hampshire, US will bring a strong management team and talented workforce to Amadeus that will significantly strengthen the group’s expertise and experience in the hotel IT industry, a key target sector for future growth.

Amadeus takes Advantage Focus Partnership role

Amadeus takes Advantage Focus Partnership role

Amadeus has today announced its appointment as Advantage Focus Partnership’s recommended technology partner for the consortium’s members serving the business community throughout the United Kingdom. Over the past few months, Amadeus and Advantage have invested time in exploring how smarter technology can benefit the travel organisation’s members who provide travel management services to clients throughout the UK.