industry technology and distribution specialist Amadeus has posted an 11%
revenue increase for the first six months of 2007.
the period ended 30 June, Amadeus says its total revenues reached €1.5 billion ($2
billion). Total bookings rose by 6.7% to reach €281.5 million.
president and CEO Jose Antonio Tazon
says: “We have calculated that our travel agency partners booked €31.7 billion
worth of air tickets on Amadeus in the first half of 2007, clearly
demonstrating the continuing value of the travel agency channel for our airline
also generated €3.6 billion through their own Internet sites using Amadeus
technology, he says, marking a 38% increase.
airline reservations grew by 20.4% over the six-month period, representing
17.4% of total air bookings, while Amadeus’ travel agency-based airline
reservations market share rose by 2.4 points to 32.9%.
Tazon adds: “By 2010, we will
have completely decommissioned our legacy transaction protocol framework
technology and will be running 100% on next generation open systems. This gives
us confidence that we will continue to deliver high value technology solutions
to the industry for many years to come.”
firm lists a ten-year Amadeus Altea
deal with Cathay Pacific among the highlights of the year-to-date. Amadeus adds
that it has signed low-fare content agreements with over 150 airlines in 2007.
has 209 airline users in its electronic-ticket community. It says 78% of tickets
which it issued over the six month period were e-tickets.