Amadeus sees sharp rise in LCC bookings

Amadeus sees sharp rise in LCC bookings
By admin

Amadeus has reported a rise in first quarter earnings, helped by a sharp increase in low cost carrier bookings.

The technology firm said its adjusted profit for the three months to March climbed 5% to 176.3 million Euros as total revenue rose 4% to 795m Euros.

Travel agency flight bookings increased 3% to $119.5m but non-air sales declined 5.5% to $15.5m.

Amadeus claimed its global share of flight bookings through agents rose 1.6 percentage points to 39.8%, helped by a 22% increase in low cost airline bookings.

Latest News

  • Aviation

Board Air Canada in Sydney’s CBD via a sleek Light Rail

Visitors flocking to Vivid Sydney will glide through the CBD in the newest addition to the Air Canada fleet – a sleek Light Rail tram wrapped in the airline’s unique livery. The Air Canada-themed tram is part of a new marketing campaign designed to put Air Canada in lights during the Vivid Sydney festival (25 […]