Companies sign a multi-year agreement which now includes AERTiCKET subsidiaries globally
Amadeus, a leading technology partner for the global travel industry, and AERTiCKET, the largest independent ticket wholesaler in Germany, today announce that they have extended their long standing partnership, and expanded it to AERTiCKET subsidiaries globally.
The AERTiCKET group is a leader in the development of innovative booking technologies for airline products, and currently supplies tickets from around 170 airlines to travel agencies, tour operators and Internet portals. Amadeus is best positioned to support AERTiCKET expand their geographical span and diversification plans to run and build on their online brands in the tour operator and online space.
Rainer Klee, CEO of AERTiCKET, said: “We feel that the Amadeus’ breadth and depth of content, leading search and packaging technology expertise are just the right match for our business model, and that Amadeus global reach will no doubt be instrumental in supporting our business diversification and expansion plans”.
Holger Taubmann, SVP Distribution at Amadeus, said: “As the global leader in IT solutions for the travel industry, Amadeus is in the perfect position to support AERTiCKET in its quest for growth and geographical diversification, and also to help the company develop and incorporate new technologies, such as Extreme Search”.
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Notes to the editors:
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, airports, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies).
The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organisations globally.
The group operates a transaction-based business model. For the year ended December 31, 2012 the company reported revenues of €2,910.3million and EBITDA of €1,107.7 million.
Amadeus is listed on the Spanish Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35 index.
AERTiCKET AG is one of the largest air ticket wholesalers worldwide, with around 450 employees in 20 countries. For 20 years, the company has been a proficient and reliable business partner to travel agencies, tour operators and internet portals. Best prices, close contact to customers, and the development of innovative booking technologies are the company’s key characteristics.
3.5 million tickets are issued annually by the AERTiCKET Group and there are 5.5 million air fares available in the consolidator’s database.
In 2012 the company recorded annual net profits of 3.7 million euros. The AERTiCKET Group includes around a dozen subsidiaries and associated companies.