Entertainment booking system provider sees bright spot at flight bookings
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Given the first successes of the vaccine campaigns, the Spanish booking system provider Amadeus IT hopes for a certain recovery in flight bookings.
In March, the number of bookings and passengers have returned after the burglary of air traffic, the company announced in Madrid. "The volume after this was the best month since February 2020," said Amadeus boss Luis Maroto. In April there was another improvement.
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Nevertheless, the numbers are still red in the first quarter due to the Corona pandemic. The company counted around 60 percent fewer flight bookings than a year earlier when the pandemic had hit the air traffic only in March. The number of passengers was even decreased by 67 percent.
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In January, the increase in infection numbers have led to new travel restrictions, said Maroto. According to the company, there was a loss of around 95 million euros after a profit of 118 million a year earlier. For the full year 2020, Amadeus had suffered a loss of 505 million euros.
With regard to the further business development, the manager was careful. Amadeus, however, expect a further recovery of the business. Together with a re-growing pleasure of people traveling and the success of the vaccination programs around the world, this should help Amadeus to come through the crisis, he said.
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