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Amadeus and Thomas Cook Group plc, one of the world's leading travel groups, today announced a global distribution agreement extension for another five years. The addition of five new markets - India, Denmark, Finland Norway and Sweden - brings to 14 the list of countries where both companies work together. The full list includes Austria, Belgium, Czech Republic, Egypt, France, Germany, Hungary, Netherlands and Poland. The migration of the new markets to Amadeus is due to be completed by the end of 2010.
Madrid, Spain, 8 July 2010: Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, and Thomas Cook Group plc, one of the world’s leading travel groups, today announced a global distribution agreement extension for another five years.
The addition of five new markets – India, Denmark, Finland Norway and Sweden – brings to 14 the list of countries where both companies work together. The full list includes Austria, Belgium, Czech Republic, Egypt, France, Germany, Hungary, Netherlands and Poland. The migration of the new markets to Amadeus is due to be completed by the end of 2010.
“We are delighted that Thomas Cook, one of the world’s largest travel groups, has decided to renew and expand their relationship with Amadeus”, commented Philippe Chérèque, Executive Vice President, Commercial Amadeus. “The addition of important markets such as India, Finland and the Scandinavian countries to our on-going relationship speaks of the trustful partnership between the two companies.”
Manny Fontenla-Novoa, Group Chief Executive Officer, Thomas Cook Group plc said: “We feel confident that our partnership with Amadeus assists us in our stated aim to become a leading independent travel provider, as well as continuing the leading position of our mainstream businesses, and we are pleased to further develop our relationship with Amadeus.”
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About Thomas Cook Group plc.
Thomas Cook Group plc is one of the world's leading travel groups with sales of £9.3 billion and 22.1 million customers. The Group operates under five geographical segments in 21 countries, and is number one or two in all its core markets. Their business is supported by 31,000 employees, a fleet of 94 aircraft and a network of over 3,400 owned and franchised travel stores.
Amadeus is the leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers).
The group operates a transaction-based business model and processed more than 670 million billable travel transactions in 2009.
Amadeus has central sites in Madrid (corporate headquarters and marketing), Nice (development) and Erding (Operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 72 local Amadeus Commercial Organisations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended 31 December 2009, the company reported revenues of EUR 2,461 million and EBITDA of EUR 894 million. The Amadeus group employs over 9,300 employees worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please visit www.amadeus.com
To visit the Amadeus Investor Relations centre please visit www.investors.amadeus.com .
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