Skift Take
It appears that the investments Amadeus has been making in ancillary businesses are starting to pay off.
American Airlines plans to implement Amadeus’ cloud-based accounting system to track passenger sales.
Luis Maroto, CEO of Amadeus, made the announcement during the company's fourth-quarter earnings call Wednesday. “This will be our first standalone revenue accounting deployment and our first major IT project with a U.S. carrier,” Maroto said.
Amadeus Is Branching Out AnewThe deal is an example of the ancillary businesses that Amadeus has been growing over the years, leading revenue to nearly fully recover to pre-pandemic levels in 2023.
The travel tech giant reported a total of €5.44 billion ($5.9 bi