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Amadeus announces 2003 pricing for airlines
Amadeus has announced its 2003 pricing for distribution services offered to airlines.
Effective from 1 January 2003, prices will rise on average between 1.5 and 3.0 per cent on the current discounted booking fee, which reflects a 45 per cent suspension of the full annual price increase for 2003.
Amadeus says the price increase is well below forecasts for other price rises within the industry: NBTA, the US National Business Travel Association, has estimated that business air travel is set to rise 7 per cent for 2003, while air traffic control charges in Europe will grow by an average of 10.7 per cent, according to Eurocontrol.
Over the last year, the number of transactions per reservation processed by traditional travel agents through the Amadeus system has risen by almost 10 per cent. Amadeus says this reflects the additional demands placed by consumers on travel agents to search thoroughly for low fares before finally making a booking.
As of 30 September 2002, Amadeus served 260,630 point of sale terminals (travel agency and airline sales office) in some 204 markets. In 2001, the company added 19,899 travel agency terminals to its distribution network, an increase of 11.4 per cent. Year to date, it has increased the travel agency network by another 5.4 per cent, adding 9,503 terminals.
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