Amadeus gains market share in 2011

Amadeus gains market share in 2011

Amadeus Group has released year-on-year financial and operating results for the nine months ended 30 September. Adjusted profit for the first nine months increased 19.5% to EUR400.6 million (US$543.7 million), backed by 3.7% revenue growth. Total bookings, including both air travel agency and non-air bookings, increased by 4.6% to EUR354.1 million, helping Amadeus to increase its global market share of travel agency air bookings by 0.9 percentage points, to 37.2%. The financial performance for the first nine months is backed by strong year-on-year results for the third quarter of the year, with adjusted profit up 36.6%, and total revenues up by 3.3%.

Gary Marshall
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Gary Marshall
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