Corporate history of Amadeus IT Group, a Spanish technology company specializing in travel and tourism IT solutions, from its founding in 1987 to its current status as a global leader on the BME stock exchange.
Four major European airlines—Air France, Iberia, Lufthansa, and SAS—found Amadeus as a joint venture to create a global distribution system (GDS). #business #travel
Amadeus launches its global distribution system, revolutionizing travel booking with real-time access to airline schedules, fares, and availability. #technology #travel
Amadeus reports its first annual profit, driven by rapid adoption of its GDS by travel agencies across Europe. #business
Amadeus goes public on the Madrid Stock Exchange (BME), trading under ticker AMS. The IPO raises €1.3 billion. #finance
Amadeus acquires Vacations.com, a leading online travel marketplace, expanding into the leisure travel segment. #acquisition
The 9/11 attacks severely impact global travel, causing a sharp decline in Amadeus’s transaction volumes. The company implements cost-cutting measures. #crisis
Amadeus acquires E-Travel, a corporate travel management firm from Proxicom, expanding its corporate travel solutions. #acquisition
Amadeus launches an online corporate travel booking tool, targeting the business travel market. #technology
Amadeus acquires System One, a US-based GDS, strengthening its presence in the Americas. #acquisition
Amadeus merges with Opodo, an online travel agency, to create a leading European OTA. #acquisition
Amadeus introduces Fare Families, allowing airlines to sell bundles of fares with ancillary services through the GDS. #technology
Amadeus acquires Hotel Booking Solutions (HBS), enhancing its hotel distribution and technology capabilities. #acquisition
Amadeus launches a suite of IT solutions for airlines, including departure control and revenue management systems. #technology
Amadeus acquires the remaining stake in its GDS operations from Air France, becoming fully independent from its founding airlines. #acquisition
Amadeus acquires Travelocity’s GDS business for $15 million, strengthening its position in the North American market. #acquisition
The global financial crisis reduces travel demand, but Amadeus maintains profitability through cost control and diversified revenue streams. #crisis
Luis Maroto is appointed CEO, succeeding José Antonio Tazón. Maroto leads the company through a period of significant growth and digital transformation. #leadership
Amadeus lists its shares on the New York Stock Exchange (NYSE) via American Depositary Receipts (ADRs), marking its expansion into US capital markets. #finance
Amadeus launches a platform for airlines to sell ancillary services like seat selection and baggage through travel agencies. #technology
Amadeus acquires Navitaire, a low-cost carrier revenue management platform, from Microsoft for $830 million. #acquisition
Amadeus acquires Itsonline, a Spanish developer of airport passenger processing solutions. #acquisition
Amadeus launches cloud-based solutions for travel agencies and airlines, moving its IT infrastructure to the cloud. #technology
Amadeus acquires i:FAO Group, a German provider of tourism software, to strengthen its mid-office and back-office solutions. #acquisition
Amadeus acquires Newmarket International, a provider of hotel sales and event management software, for $500 million. #acquisition
Amadeus launches the Altéa Revenue Management suite for airlines, using advanced analytics for pricing optimization. #technology
Amadeus acquires TravelClick, a provider of hotel revenue management and distribution solutions, for $1.5 billion. #acquisition
Amadeus launches Crowd 2.0, a crowd simulation tool for airport planners to optimize terminal design. #technology
Amadeus is included in the Dow Jones Sustainability Index for the first time, recognizing its corporate social responsibility efforts. #sustainability
Amadeus launches a New Distribution Capability (NDC) platform, enabling airlines to offer personalized content through third-party channels. #technology
Amadeus acquires ICM Airport Technologies, a provider of airport self-service solutions, expanding its airport IT portfolio. #acquisition
Amadeus acquires AirportLabs, a technology startup specializing in airport operational efficiency. #acquisition
Amadeus introduces Amadeus X, a digital identity system for travelers using biometric technology, piloted at airports. #technology
Amadeus launches Travel4Life, a platform promoting sustainable travel choices among its corporate clients. #sustainability
The COVID-19 pandemic causes a 70% drop in travel bookings. Amadeus implements cost reductions and raises €2.8 billion in debt to maintain liquidity. #crisis
Amadeus acquires Vision-Box, a biometrics and identity management company, for €300 million to enhance airport security solutions. #acquisition
Amadeus acquires Kambr, a revenue management startup for aviation, to enhance its data analytics capabilities. #acquisition
Amadeus launches Travel Ready, a digital health verification platform to manage COVID-19 test results and vaccination certificates. #technology
Amadeus launches a data analytics platform for airlines to leverage real-time data for operational decision-making. #technology
Daniel Batlle succeeds Luis Maroto as CEO of Amadeus, focusing on innovation and sustainability in travel technology. #leadership
Amadeus announces that over 500 million passengers were processed through its Altéa system in 2023, highlighting its scale. #business
Amadeus is included in the IBEX 35 index of the Madrid Stock Exchange, reflecting its status as one of Spain's largest publicly traded companies. #finance