Amadeus demonstrated its ability to resist in a tough environment. Q1 21 revenue and EBITDA were in line with expectations and still impacted by travel restrictions. Air bookings and the number of passengers boarded decreased by 60% and 67% respectively. There was a very slight improvement in the trend in March and April 2021 vs the 2019 levels. Despite low revenue (€497m), EBITDA was positive at €54m (excluding the cost related to the cost savings programme) thanks to lower fixed costs.
07 May 2021
Ability to resist in a very tough environment
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Ability to resist in a very tough environment
- Published:
07 May 2021 -
Author:
Hélène Coumes -
Pages:
3
Amadeus demonstrated its ability to resist in a tough environment. Q1 21 revenue and EBITDA were in line with expectations and still impacted by travel restrictions. Air bookings and the number of passengers boarded decreased by 60% and 67% respectively. There was a very slight improvement in the trend in March and April 2021 vs the 2019 levels. Despite low revenue (€497m), EBITDA was positive at €54m (excluding the cost related to the cost savings programme) thanks to lower fixed costs.