Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry, signed agreements with China Eastern Airlines and China Airlines to power their international websites with the company’s e-commerce solutions. Implementation of the programs for both airlines were completed last month.
With the addition of these two new carriers, Amadeus is the top provider of e-commerce solutions to airlines in the greater China region for international sales.
The three-year deals will enable each airline to provide a high quality online customer experience, which will significantly increase their profitability. Both airlines also plan to implement the Amadeus e-Merchandise solution within a few months to offer full shopping capabilities with transparency of fares and availability to travelers.
Amadeus also announced its business results for the first half of the year, ending 30 June 2006. The company’s revenues exceeded 1.3 billion and its global market share passed 30%. Total bookings grew by 5.5% to 263.9 million. 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 1,381.6 million euro.
Jose Antonio Tazon, Amadeus’ president and CEO, said, “Amadeus’ strong performance is testament to our investment in technology for the travel industry. We are proud to manage one of the largest and most advanced civil data centers in the world, which we believe is a key differentiator in our evolving industry.”