Log in
E-mail
Password
Show 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
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. Amadeus IT Group, S.A.
  6. News
  7. Summary
    AMS   ES0109067019

AMADEUS IT GROUP, S.A.

(AMS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Amadeus IT S A : Etihad Airways signs landmark deal with Amadeus to introduce next-generation travel technology

09/14/2021 | 02:42am EDT
Abu Dhabi-based carrier to implement cutting-edge Amadeus Altéa Passenger Service System (PSS)
New booking engine, mobile app, and self-service tools to empower guests and ensure a smooth experience at every step of the journey
State-of-the-art merchandising and revenue management capabilities will offer travellers more options to customize their trip
New functionality for travel agencies powered by Amadeus' New Distribution Capability (NDC)

Etihad Airways, the national airline of the UAE, is set to embark on a major digital transformation following the signing of a landmark multi-year deal with Amadeus.

As part of the deal, Etihad Airways will implement the full Amadeus Altéa PSS suite, including web booking, revenue management and merchandising, data management and passenger servicing solutions. These technology products will be customized for Etihad over the coming years and will improve the experience of guests, staff, travel agents, Etihad Guest members, and corporate customers.

Etihad's guests will see new web and mobile channels powered by Amadeus Digital Experience suite, offering the simplest user experience possible to purchase flight tickets and manage bookings. Advanced retailing capabilities will be developed collaboratively using machine learning to provide guests with bespoke offerings and personalize their travel experience.

To modernise retailing capabilities across sales channels, Etihad has also signed for Amadeus Altéa NDC (New Distribution Capability) and will work with Amadeus to distribute personalized travel offers to guests. Etihad will make its full range of NDC offers available to Amadeus travel sellers, allowing agents to see the features of Etihad's award-winning product more transparently and the ancillaries that can be bought.

The airline will, in addition, implement the Altéa Departure Control Customer Management component of the suite, providing guests with real-time, personalized alerts of offers, services, and flight changes. The system will offer a higher level of service customization and provide guests with a faster and simpler check-in process, which is more important than ever as travel rebuilds.

Mohammad Al Bulooki, Chief Operating Officer, Etihad, says: "The aviation industry is going through a digital revolution, and Etihad Airways is committed to staying at the forefront of that change. With Amadeus as a partner, Etihad's guests will be able to enjoy the best user experience possible as they book and manage their flights, with the ability to customize their travel to an unprecedented level. Etihad is also excited to push NDC forward as a means to offer a much richer, relevant and dynamic shopping experience to our trade partners, and Amadeus is the perfect partner to support that strategy."

Decius Valmorbida, President, Travel, Amadeus, says: "As the travel industry rebuilds, we are excited that Etihad Airways will be utilizing Amadeus' technology to support the airline in delivering its leading travel proposition. Open source, cloud-based systems and next generation retailing capabilities will be the engine powering recovery, and we are at the forefront of these technologies in the travel industry. We are very pleased to be working with such a dynamic carrier like Etihad and are excited about collaborating to create memorable travel experiences for its passengers."

Disclaimer

Amadeus IT Group SA published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 06:41:02 UTC.


© Publicnow 2021
All news about AMADEUS IT GROUP, S.A.
10/20AMADEUS IT S A : Memphis International Airport adopts Amadeus technology to support transf..
PU
10/14AMADEUS IT S A : 77% of travelers want to travel in the next year, with Europe reigning as..
PU
10/13AMADEUS IT S A : Allianz Partners integrates Amadeus' personalized traveler servicing solu..
PU
10/12AMADEUS IT S A : Cathay Pacific makes NDC content available to Amadeus-connected travel ag..
PU
10/08AMADEUS IT : UBS reaffirms its Neutral rating
MD
10/08AMADEUS IT : JP Morgan gives a Buy rating
MD
09/23AMADEUS IT S A : Afroport chooses Amadeus to help modernize Africa's airports
PU
09/22AMADEUS IT S A : Lufthansa, CENTOGENE and Amadeus partner to bring digital health verifica..
PU
09/14AMADEUS IT S A : Etihad Airways signs landmark deal with Amadeus to introduce next-generat..
PU
09/09AMADEUS IT S A : touchless bag drop technology trialled at Heathrow Airport
PU
More news
Analyst Recommendations on AMADEUS IT GROUP, S.A.
More recommendations
Financials
Sales 2021 2 919 M 3 397 M 3 397 M
Net income 2021 -28,9 M -33,7 M -33,7 M
Net Debt 2021 3 455 M 4 021 M 4 021 M
P/E ratio 2021 -492x
Yield 2021 0,10%
Capitalization 25 453 M 29 638 M 29 627 M
EV / Sales 2021 9,90x
EV / Sales 2022 6,24x
Nbr of Employees 15 879
Free-Float 99,9%
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
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Last Close Price 56,54 €
Average target price 59,33 €
Spread / Average Target 4,94%
EPS Revisions
Managers and Directors
Luis Maroto Camino President, CEO & Executive Director
Till Streichert Chief Financial Officer
William Alfred Connelly Chairman
Denis Lacroix Senior Vice President-Core Shared Services R&D
Christophe Bousquet Chief Technology Officer, Senior VP-Airlines R&D
Sector and Competitors
1st jan.Capi. (M$)
AMADEUS IT GROUP, S.A.-5.07%29 638
MICROSOFT CORPORATION38.21%2 308 003
SEA LIMITED81.16%199 107
ATLASSIAN CORPORATION PLC75.18%103 550
ZOOM VIDEO COMMUNICATIONS, INC.-18.26%81 921
DASSAULT SYSTÈMES SE39.90%71 171