Travel agency bookings through the Amadeus GDS increased 2%
in the first quarter, fueled by a significant increase of 15% in North America,
making that region Amadeus' second biggest.
Western Europe remains the largest territory for Amadeus
with 57.5 million air bookings in Q1 (up 2%), with Asia-Pacific the third
There was a 13% decline in Asia-Pacific bookings following
the suspension of Jet Airways in India and, according to Amadeus' earnings
statement, elections in the same country.
Amadeus secured revenue of over 1.4 billion euros in the
first quarter, an increase of 15% over the same period in 2018.
The Spain-based travel technology provider also scored an
11% rise in EBITDA (earnings before interest, taxes, depreciation and
amortization) to 600 million euros.
Its IT solutions division contributed the biggest chunk of
growth to the overall business in the first three months of 2019, with a 31%
jump in revenue to 570 million euros.
Income from distribution activities climbed by a more modest
6% to 840 million euros during the quarter.
Travel agency bookings for air products still make up the
vast majority of the company's overall passenger metrics at 162.6 million
during the reporting period. Non-air bookings came in at 17.2 million.
The company says travel agency air bookings are continuing
to slow on an industry-wide scale (0% growth compared to 1% in the final three
months of 2018).
Amadeus also cites the acquisition of TravelClick in August
2018 as providing a boost to its new business segments, such as hospitality IT.