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Amadeus Second Quarter Air Bookings Up 3% Over 2023

Air bookings in the seconded quarter through Amadeus’ GDS increased 3% year over year to 117.2 million, the company announced. That growth drove air distribution…

Written by:

Harvey Chipkin

Published on:

August 1, 2024
Amadeus Second Quarter Air Bookings Up 3% Over 2023

Air bookings in the seconded quarter through Amadeus’ GDS increased 3% year over year to 117.2 million, the company announced. That growth drove air distribution revenue year over year to $802.9 million during the quarter. Revenue per booking increased 5.6% to $6.50, boosted both by inflation and new distribution agreements as well as “positive booking mix effects,” according to the company.

Other highlights in the quarter included:

  • The booking growth rate for the quarter was about the same as the growth rate for the full first half of the year, up 2.9% year over year, and Amadeus said it represents a “normalization” in booking growth compared with the recovery growth in the post-Covid-19 years.
  • On a regional basis, Asia-Pacific has been the “best performing” region for Amadeus in air bookings, with bookings up 25.1% year over year in the first half of the year. Europe was the only other region with positive booking growth, with bookings up 1.7% year over year in western Europe and up 17 percent year over year in central, eastern and southern Europe over the past six months.
  • Air bookings through Amadeus in North America were down 7.3% year over year in the first half of the year, which Amadeus attributed to “volumes channeled through direct connections between one very large online travel agency and a few larger carriers” in the region.
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Latin America had the largest drop in bookings for Amadeus in the first half of the year, down 12.1% year over year. Bookings in the Middle East and Africa were down 1.3% year over year during the six-month period.

The company reported a profit of $363.8 million for the second quarter, compared with $301.3 million in the second quarter of 2023.

Image: Shutterstock

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