Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Amadeus IT Group, S.A.    AMS   ES0109067019

AMADEUS IT GROUP, S.A.

(AMS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Amadeus IT S A : Air France-KLM and Amadeus sign new agreement to enable modern retailing via NDC

10/02/2020 | 11:05am EST
As the travel industry continues to navigate this turbulent year, modern retailing via NDC is more than ever a strategic priority for Air France-KLM and Amadeus.

Today, the Air France-KLM group and Amadeus announce an innovative NDC distribution deal. The agreement means that Air France-KLM NDC offers can be made available for travel agents through the Amadeus Travel Platform and its NDC-enabled solutions. To access Air France-KLM content distributed via NDC, agents will need to sign bilateral agreements with Air France-KLM and Amadeus.

Over the last few years, Air France-KLM has been working with Amadeus to connect its NDC services to the Amadeus Travel Platform. The prime booking flow of shop, order, pay has already been integrated, meaning pilot travel agents will be able to book via NDC through the platform in Q4 this year. The full integration with servicing capabilities is expected to complete in the first half of 2021.

"We're pleased that our NDC content will soon be accessible to Air France-KLM partner agents via the Amadeus platform," comments Pieter Bootsma, Chief Revenue Officer Air France-KLM. "NDC is a key innovation for Air France-KLM as it allows Air France-KLM customers to benefit from more attractive and customized offers, such as continuous pricing and tailor-made bundles. This agreement is an important step in our distribution strategy, completing our existing NDC distribution network, especially for travel agencies with a higher level of servicing needs, such as business travel agencies."

Agents will be able to search, compare, book, and service Air France-KLM content in one merged display through their go-to Amadeus solution, whether the Travel API or Selling Platform Connect. Amadeus will also be enabling corporate travelers to book via NDC through cytric Travel & Expense.

"We are excited to expand our longstanding partnership with the Air France-KLM group, in order to deliver innovative retailing capabilities. This is a significant step on our NDC journey to enable adoption at scale," says Decius Valmorbida, President Travel Unit, Amadeus. "This is testament to both the strength of our technology and our collaborative approach, as we build a sustainable framework that brings value to airlines, travel sellers, and the traveler, to achieve the industry's vision for modern retailing."

This is another important milestone in Amadeus' NDC [X] program which brings together airlines and travel sellers around the world to collectively drive NDC forward. Now more than ever, there is a need to collaborate across the industry and to have automated, scalable end-to-end solutions that are thoroughly integrated to ensure bookings can be made and serviced efficiently.

Attachments

Disclaimer

Amadeus IT Group SA published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2020 15:04:02 UTC


© Publicnow 2020
All news about AMADEUS IT GROUP, S.A.
11/11AMADEUS IT : Gets a Buy rating from Jefferies
MD
11/09AMADEUS IT : Credit Suisse gives a Sell rating
MD
11/09AMADEUS IT S A : ' performance improves slightly in the third quarter thanks to ..
PU
11/06AMADEUS IT : Jefferies reaffirms its Buy rating
MD
11/06AMADEUS IT : JP Morgan reiterates its Neutral rating
MD
11/06AMADEUS IT : Buy rating from Goldman Sachs
MD
11/06AMADEUS IT : Buy rating from Jefferies
MD
11/06AMADEUS IT S A : Books 9-Months Loss Amid Coronavirus Woes
DJ
11/06AMADEUS IT GROUP, S.A. : 3rd quarter results
CO
11/06AMADEUS IT GROUP, S.A. : Press Release
CO
More news
Financials
Sales 2020 2 313 M 2 748 M 2 748 M
Net income 2020 -489 M -581 M -581 M
Net Debt 2020 3 138 M 3 728 M 3 728 M
P/E ratio 2020 -51,7x
Yield 2020 0,03%
Capitalization 27 276 M 32 410 M 32 402 M
EV / Sales 2020 13,1x
EV / Sales 2021 8,24x
Nbr of Employees 16 992
Free-Float 99,8%
Chart AMADEUS IT GROUP, S.A.
Duration : Period :
Amadeus IT Group, S.A. Technical Analysis Chart | AMS | ES0109067019 | MarketScreener
Technical analysis trends AMADEUS IT GROUP, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 49,69 €
Last Close Price 60,58 €
Spread / Highest target 17,2%
Spread / Average Target -18,0%
Spread / Lowest Target -51,1%
EPS Revisions
Managers
NameTitle
Luis Maroto Camino President, CEO & Executive Director
José Antonio Tazón García Chairman
Till Streichert Chief Financial Officer
Sylvain Roy Senior VP-Technology Platforms & Engineering
David Gordon Comyn Webster Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMADEUS IT GROUP, S.A.-18.98%31 371
MICROSOFT CORPORATION33.41%1 588 536
ZOOM VIDEO COMMUNICATIONS, INC.532.39%122 381
SEA LIMITED354.80%90 356
ATLASSIAN CORPORATION PLC75.38%52 594
DASSAULT SYSTÈMES SE4.95%47 368