Business Travel Show Europe Kick Off, 23 February,
Global Travel Risk Summit Europe, April 2023,
3rd Annual Sustainable Business Travel Summit
Amadeus has unveiled first half results that show airlines booked ”31.7bn (”21.5bn) of revenue in the period up to 30 June this year.
Total bookings grew by 6.7%, while online air bookings rose 20.4% and now represent 17.4% of total air bookings. Amadeus secured 32.9% of the market in travel agency air bookings in the first half of 2007, up 2.4 percentage points. Revenue increased by 11.0% to ”1.5bn.
”We have calculated that our travel agency partners booked ”31.7bn worth of air tickets on Amadeus in the first half of 2007, demonstrating the value of the travel agency channel for our airline partners,” said Amadeus president and CEO, Jose Antonio Tazon. ”Airlines also generated ”3.6bn through their own websites using Amadeus technology.
”During 2007 we have continued to expand our IT solution business with a ten-year agreement with Cathay Pacific, the first Asian airline to sign for the full Amadeus Alt”a suite of customer management solutions.”
Some 150 airlines use at least one core component of the Alt”a Customer Management Solution, while in 2007, seven more carriers, namely Air Europa, Air Berlin, Edelweiss Air, Kenya Airways, KLM, LTU and Martinair, now also use the system.