Miles Preps Ground Transport Mgmt. App for '22 Release

Air bookings through Amadeus reached 75.2 percent of 2019
levels in the second quarter, with bookings in North America higher than
pre-pandemic levels, the company said in its earnings report.

The recovery level in the second quarter was an improvement
of 18.8 percentage points compared with recovery in the first quarter,
according to Amadeus. All regions were better recovered compared with the first
quarter, and bookings in North America were up 11.3 percent compared with the
second quarter of 2019.

“Our travel agency bookings performance accelerated,
supported by industry recovery and marketshare gains, driving our growth across
regions, particularly in North America,” according to Amadeus president
and CEO Luis Maroto. “Number of passengers boarded strengthened across
regions as well, also led by North America, which grew positively compared to

For the past six months, Amadeus air bookings totaled 200.9
million, down 34.7 percent compared with the first half of 2019, and total
passengers boarded was down 30.2 percent. Total revenue for the first half of
the year was €2.1 billion, down 25.7 percent compared with the first half of
2019, and air distribution revenue was down 32.9 percent to €1.04 billion.

Amadeus’ adjusted profit for the first half of 2022 was
€341.8 million, a little more than half of its adjusted profit in the first
half of 2019.

Amadeus Q1 earnings

Image and article originally from Read the original article here.