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Amadeus income down figures show

GLOBAL distribution supplier Amadeus has seen its net income
fall to £12.9 million for the third quarter ending September 30, a drop of
47.7% compared to the same period last year.

The company has blamed the poor performance on the US terrorist
attacks and claims it had been on track to meet its targets prior to September
11.

Despite this, the company’s non-booking revenue grew by
57.7% during the quarter and now accounts for 14.8% of the total revenue
figure.

Amadeus president and chief executive officer José Antonio
Tazón said: “Our third quarter results show that Amadeus has not been immune
from the events on September 11. Global activity is less impacted than North
American traffic and recent booking statistics show a slow but steady recovery.”

 

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