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Amadeus upbeat about outlook

3-Jun-2010 11:52 AM

Amadeus Chairman, David Jones, stated the company is upbeat about its business prospects over the near to medium term (Reuters, 01-Jun-2010). It forecast a recovery in the travel reservations business after a two-year downturn and has a strong outlook for its ticket management business. The company managed 240 million passenger bookings for airlines in 2010 and expects this figure to increase to 575 million by 2013, given contracts it has signed with new companies.