Amadeus’ adjusted profit for the six months ended June 30, 2013 increased 5.2% to €349.6 million, backed by growth in revenue of 5.7% to €1,595.1 million and an EBITDA increase of 6.5% to €645.9 million.

Describing the period reviewed as “positive and active” Amadeus, in announcing its year-on-year financial and operating results, reported the global share of travel agency air bookings also expanded –  by 1.7% to 40% – while Passengers Boarded (PB) rose by 9.7% to 284.1 million

Both Distribution and IT Solutions businesses maintained their records of consistent year-on-year growth.

Distribution:

• The number of air travel agency bookings increasing by 5.8% to 233.1 million, expanding Amadeus’ market share by 1.7% to 40.0%.
• Further content agreements were signed and renewed, including with Eva Airways and its domestic and regional subsidiary UNI Airways, Air Bagan, as well as Thai Airways and its subsidiary Thai Smile.
• Total bookings on low-cost carriers by travel agencies using Amadeus increased by 31.3% in the second quarter, and by 25.9% during the first half of the year.
• Amadeus continued to deliver a significant number of contract wins with small and medium-sized travel agencies including Destination Specialists (Cebu) and Uni-Orient Travel in Asia Pacific.

IT Solutions:

• Based upon existing contracts, Amadeus estimates that by 2015 the number of Passengers Boarded will be more than 800 million, which would represent an increase of almost 42% vs. the 564 million Passengers Boarded processed on the Altéa platform during 2012, with a compound annual growth rate (CAGR) of around 12.5%.
• A significant number of contracted airlines migrated onto the Altéa Departure Control System (DCS), including Singapore Airlines and its subsidiary SilkAir.
• Amadeus also signed two agreements with Munich Airport and Copenhagen Airport where it will work together with the airports to develop and implement two new IT solutions.

Luis Maroto

Luis Maroto, President & CEO of Amadeus, said the company’s results underlined its consistent success in anticipating and developing cost-effective technology that benefits its customers, and that its innovation helped customers adapt and compete.

“Continued investment in product evolution and portfolio expansion was key to our growth record, attracting customers such as Munich and Copenhagen airports recently. Innovative bespoke offerings also drove retention, such as the new American Airlines deal,” he added.

“As such, we remain committed to R&D to drive growth. Distribution, where we are pioneering merchandising and next-generation search, still represents real opportunity. For instance in Airline IT, where we are expanding our portfolio both to upsell and attract additional customers with solutions such as Revenue Accounting, Revenue Management and Loyalty. In addition, several other areas also present exciting potential, not least recent examples of IT solutions for airport operations, rail and hotels.”