Home > > Amadeus revenue contracted by 61.0% in 2020

Amadeus revenue contracted by 61.0% in 2020

02/28/2021| 9:54:15 AM| ChinaTravelNews 中文

Travel agency air bookings fell by 81.5%.

Amadeus said its revenue contracted by 61.0%, to €2,174.0 million. In Distribution, travel agency air bookings fell by 81.5%, to 107.6 million. In IT Solutions, passengers boarded declined 65.4%, to 690.6 million.

Luis Maroto, President & CEO of Amadeus, said the company carried out cost-saving measures that allowed it to save more than EUR 500 million.

R&D investment amounted to EUR 856.2 million in 2020, accounting for more than 39% of the company's revenue last year.

TAGS: Amadeus | financial statements
©2021 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!