Tuesday, August 15, 2006

Strong performance for Amadeus in Asia Pacific

Amadeus financial results for six months ending on 30 June 2006 showed strong performance for the company. Total bookings grew by 5.5% to 263.9m. Online bookings, from all providers, grew by 22.7% and now represent 13.9% of the total. Amadeus retains its leadership position in travel agency air reservations with 30.5% of the worldwide market share, up 1.3 percentage points year-on-year. Total revenues grew by 12.7% to EUR 1,381.6m.
Asia Pacific continues to demonstrate strong growth in travel agency bookings, online and e-ticketing. Travel agency bookings in the region grew by eight percent to over 25 million. Asia Pacific also saw a significant uptake in e-ticketing with nearly four million e-tickets issued in the first six months of 2006, up nearly 30%. Online bookings processed by Amadeus in the region grew by 56% to nearly 700,000.
To date, Amadeus has secured content agreements with over 100 airlines across the globe for travel agents and corporations. The most recent ones include US Airways, Copa Airlines, KLM, Maxjet, Paramount Airways and Vueling.
14/08/06 Travel Daily News International, Greece
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