Amadeus IT Group reports progress in upselling and Distribution segment in 3Q2018

Amadeus IT Group president & CEO Luis Maroto said (07-Nov-2018) the company "made important progress in our upselling strategies" over 3Q2018, with Southwest Airlines signing up for the full Amadeus Sky Suite by Optym. The company also expanded its partnership with Finnair, who contracted both Amadeus Network Revenue Management and Passenger Recovery. Mr Maroto said the "The strength and resilience of our core businesses has contributed, once again, to Amadeus' good financial performance". In the Distribution segment, Amadeus signed or renewed distribution agreements with 11 carriers during 3Q2018, including Aerolíneas Argentinas, Norwegian and Porter Airlines. This takes to total to 35 for the first nine months of the year. Mr Maroto reported the company is "optimistic and are confident that we will continue this positive growth trend for the rest of the year". [more - original PR]