Interim agreement between Amadeus and American Airlines brings full content without surcharges to Amadeus Agencies
Amadeus is designated as a competitive booking source for the carrier, enabling Amadeus agencies to book full content without content surcharges through November 2006
MIAMI, October 19, 2006: Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry, today announced it has reached an interim agreement with American Airlines. The agreement provides the carrier with competitive economics and Amadeus travel agents with continued access to full content without incurring segment surcharges through November 2006, as the two companies work toward completing a long-term agreement.
"As a result of reaching mutually agreed terms, we are very pleased to announce this interim agreement with American Airlines," said Peter von Moltke, Senior Vice President of the Airline Business Group for Amadeus North America. "Access to full content without the imposition of surcharges is critical to our travel agency customers."
Retroactive to September 1st , the interim agreement designates Amadeus as a competitive booking source for American Airlines through November 2006. Therefore, Amadeus agents in the U.S., Puerto Rico and the U.S. Virgin Islands will continue to have integrated access to all publicly available fares and inventory offered by American, without being subject to an airline content surcharge such as American's "Source Premium Charge."
Additionally, as a result, Amadeus and American have agreed to postpone any pending legal proceedings while the interim agreement is in effect. Additional terms of the interim agreement were not disclosed.
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About Amadeus
Amadeus is the chosen technology partner for providers, sellers, and buyers of travel. The company provides distribution, IT and point-of-sale solutions to help its customers adapt, grow and succeed in the fast changing travel industry. Customer groups include travel providers (airlines, hotels, car rental companies, railway companies, ferry lines, cruise lines, insurance companies and tour operators), travel sellers (travel agencies) and travel buyers (corporations and travelers). Solutions are grouped in four solution categories – Distribution & Content, Sales & e-Commerce, Business Management and Services & Consultancy.
Amadeus has central sites in Madrid (corporate headquarters & marketing), Nice (development) and Erding (Operations -- data processing centre) and regional offices in Miami, Buenos Aires and Bangkok. At market level, Amadeus maintains customer operations in 76 countries covering more than 215 markets.
The company is owned by WAM Acquisition, whose shareholders are BC Partners, Cinven, Air France, Iberia and Lufthansa. Amadeus employs nearly 6,700 employees worldwide, representing 95 nationalities. Amadeus’ revenue for the six months year ended 30 June was €1,381.6m.
More information about Amadeus is available at: www.amadeus.com
