Technology Amadeus boosts GDS market share and revenue By Jerry Limone / May 09, 2012 Share 1 -- -- Buoyed by a 6.7% rise in travel agents’ air bookings, Amadeus grew first-quarter revenue to 764.1 million euros (about $991 million at today’s exchange rate). Revenue increased 8.5% from a year earlier, and EBITDA (earnings before interest, taxes, depreciation and amortization) rose 5.4%, to 307.2 million euros (about $398 million). Amadeus CEO Luis Maroto said the company’s GDS market share increased nearly a full percentage point (from 37.3% to 38.2%), helping Amadeus increase distribution revenue by 8%. Revenue from the company’s IT Solutions unit increased 10.4%, driven by airlines’ implementation of the Altea reservations platform and growth in other technology products. “Despite the uncertain economic environment, we look forward to the remainder of the year with confidence,” Maroto said. More From Technology Comments Related Travelocity adds social media to client servicesThe OTA continues to try to differentiate itself from sister companies Expedia and Orbitz.... Expedia beats analysts' estimates on integration efforts, bookings surgeRevenue rose 42% in the quarter (14% without acquisitions of Orbitz Worldwide and HomeAway), to $1.9... Priceline CEO Huston resigns over 'personal relationship'