Amadeus sees growth metrics in 2019 boosted by business expansion

PhocusWire | November 07, 2019

Amadeus has attributed gains in revenue and EBITDA for the first nine months of 2019 to its diversification strategy and "resilience" in core segments. The travel technology giant reported a 15% increase in revenue year-over-year to €4.2 billion while EBITDA climbed just over 11% to €1.8 billion. Adjusted profit increased about 12% to €993 million up to the end of September this year. Revenue for the distribution division at Amadeus increased just over 5% to €2.4 billion, which the company puts down to an increase in bookings of almost 1%, "expansive" average revenue per booking and growth in its payment distribution business.

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RDU passengers can now confirm their identities with eyes or fingers.

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RDU passengers can now confirm their identities with eyes or fingers.

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