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Amadeus revenues up by 11% in 2006
Amadeus saw total revenues grow by 10.9% last year to 2,683 million euros over 2005.
Total bookings grew by 5.5% to 499.5 million, with online air bookings up by 25.5% to represent 16.2% of total air bookings.
Amadeus claimed 31% of the market in travel agency air bookings in 2006, up 1.74 percentage points year-on-year.
No profit figures were given.
President and CEO José Antonio Tazón said: “Investment in research and development is the driver of any technology company. Amadeus remains as firmly committed to our investment plans today as we were 18 months ago when we left the stock exchange.
“Our investment in the development of leading-edge technology for airlines, travel agencies, hotels and the full range of customers we serve continues to keep our solutions ahead of the marketplace.”
by Phil Davies
Phil Davies
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