Amadeus maintained its track record in growing its customer base of airlines contracted to the Amadeus Altéa Suite, the fully integrated customer management solution for airlines 1. Eleven contracts with new airlines were signed and the scope of an existing contract with airberlin was increased. Amadeus continued to deploy the required resources and investments necessary to adapt its platform to the needs and requirements of these new partners as they migrate onto the platform over the next few years. Based on signed contracts at the close of the year, we estimated that the number of Passengers Boarded will be more than 735 million by 2014 2, which would represent an increase of around 1.7x the 439 million PB processed by our Altéa platform during 2011.
In total, twenty migrations were successfully completed: ten airlines migrated onto the Amadeus Altéa Reservation and Inventory modules, with a further ten migrating onto the Amadeus Altéa Departure Control module, including leading airlines such as the Latin American airline group AviancaTaca.
Once again Amadeus' commitment to innovation was confirmed by top sector rankings as a European leader for R&D. Amadeus maintained its previous year's top sector rankings in the 2011 EU Industrial R&D Investment Scoreboard, an annual report published by the European Commission. The report examined the largest 1,000 European companies investing in R&D during 2010, according to the total amount invested.
For the second year in a row, Amadeus was named "Most Admired Technology Provider" in the 2011 Readers' Choice Awards for The Beat, the industry-leading travel business newsletter. Amadeus was among the winners selected in six industry categories by The Beat readers, representing an audience of over 6,000 people from over 250 companies worldwide.
Amadeus Asia-Pacific won the prestigious 2011 Airline IT Solutions Provider of the Year Award from Frost & Sullivan, which recognises innovative best practices in the aerospace and defense industry.
For the third consecutive year, in the UK Amadeus was awarded Best Technology Provider at the Travel Weekly Globe Awards.
Along with its partners Microsoft and American Express Global Business Travel, Amadeus was awarded the "Travel Team of the Year" at the 2011 Business Travel Awards. This award is a recognition of the group's work to address the challenges Microsoft faced with its new online travel initiative in Europe and to create a new way to deliver travel services for the Microsoft traveller.
1 The Amadeus Altéa Inventory System provides inventory control, schedule management, re-accommodation and seating management services; and the Amadeus Altéa Departure Control System provides check-in, boarding pass issuance, baggage management, and aircraft weight and balance services.
2 2014 estimated annual PB calculated by applying the IATA's regional air traffic growth projections to the latest available annual PB figures, based on public sources or internal information (if already in our platform).