Navitaire adds 230 million pax to Amadeus in six months

Amadeus‘ results for the first half of 2016 show the scale of its new Navitaire business in relation to its established Altea product.

Amadeus completed its €766.5 million purchase of Navitaire from Accenture this January. In the first six months of the year Navitaire accounted for 230 million passenger boardings compared with 393 million using Altea.

amadeus pax boarded
The 10.9% growth from Altea is broken down as follows: 4.1% of the increase was organic growth from existing Altea users, with the balance reflecting the full-year impact of airlines which started using Altea in 2015.

In the earnings statement, Amadeus noted the complementary nature of low-cost focused Navitaire and full-service-carrier-friendly Altea. It also confirmed its plan is to “market and sell the two product portfolios separately and…continue to invest in both platforms.”

On the distribution side of the business, Amadeus lifted its global market share for travel agency air bookings by 5%, outperforming the GDS market which is up by 2.2%. Asia-Pacific is the standout performer

amadeus TA bookings
The net result of this is revenues of €2,275.5 million, a 15.7% increase compared with the first six months of 2015. By unit, distribution accounted for €1,520.5 million and airline IT €754.9 million. EBITDA comes in at €907.1 million, 16.5% up.

The results are summarised in the infographic below. Alternatively, click here to read the results announcement.

Related reading from Tnooz:
Amadeus Hospitality’s new CEO discusses the hotel tech landscape (July 2016)
Interview with Amadeus’ new head of R&D in the Americas (Feb 2016)
Amadeus tries to reassure Navitaire’s airline customers (Jan 2016)

amadeus infog

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