Air France-KLM and Amadeus renew their content agreement and launch the New Economy Offer in the travel agency channelAmadeus travel agencies worldwide will continue to benefit from guaranteed access to the full range of fares from both airlines and all regional airlines in the group. They are now also able to book the ''New Economy Offer'' which gives the customer the choice between a simplified product with options and an all-inclusive offer.
New Delhi, India, 28 January, 2013: Air France-KLM, one of the leading airline groups in Europe and Amadeus, a leading technology partner for the global travel industry, have renewed their content agreement.
Thanks to this agreement, travel agencies worldwide will continue to have guaranteed access to the full range of fares and inventory relating to more than 74.8 million seats and 90.000 flights operated annually by Air France and KLM through the Amadeus system. The agreement also includes the content of regional airlines in the group.
Travel agents will continue to offer optional services to their customers such as Economy Comfort for KLM or Seat + for Air France using the Amadeus Airline Ancillary Services solution (AAAS), a fully integrated end-to-end solution which enables airlines to merchandise their ancillary services. Furthermore, Air France has launched the 'New Economy Offer' available to 58 destinations on the short and medium-haul network, allowing travel agents to give the customer an option that will allow choosing between the all-inclusive fare and a MiNifare.
Jean Wieviorka, SVP Global Sales and Distribution, Air France-KLM, said: "We are very pleased to reach this agreement, which fits in the Transform plan of the Group. This is a great move forward in our long term relationship with Amadeus. The extension of the content agreement supports Air France-KLM strategy to give Amadeus travel agents worldwide an efficient access to our wide range of services, fares and options."
"We are delighted with the extension of the content agreement, which reinforces our relationship with Air France-KLM. This is an important step within the overall Amadeus strategy to secure long term content agreements with leading airlines worldwide," said Holger Taubmann Senior Vice President, Distribution, Amadeus. "Given the important role which travel agency distribution plays, long-term content agreements like this provide stability to both airlines and travel agencies alike."
"We are very delighted to launch the Air France's "New Economy offer" to 58 destinations on short and medium haul network. This new offer provides the Classic all inclusive fares and "MiNi" tariffs, where in the "MiNi" tariffs starts at Euro 49. The launch of the offer is to provide greater autonomy to our customers in execution of their travel plans with the help of these great deals. Passengers from India can also avail of this offer for travel within the designated network" said Yeshwant Pawar, General Manager, Air France – KLM, South Asia.
Speaking further on the agreement, Rakesh Bansal, CEO, Amadeus India said, ""The renewal of this agreement with Air France-KLM re-instates Amadeus' strength as a leading travel technology solution provider. The solution also provides the airline capability to allow merchandising of ancillary services through travel agencies as well as facilitate AF-KLM's new economy Offer. At Amadeus we are constantly innovating to offer solutions to our partners that will not only provide their businesses a wider reach but also help them in increasing revenue opportunities."
Today 80% of Amadeus bookings worldwide are made on airlines with which Amadeus has a content agreement.
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies).
The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 73 local Amadeus Commercial Organisations globally.
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011. For the year ended December 31, 2011 the company reported like-for-like revenues of €2,712 million and an EBITDA of €1,039 million.
Amadeus is listed on the Spanish Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35 index.
Amadeus India Private Limited was established in 1994 and is ISO 9001:2008 certified. Amadeus India's head office is located in New Delhi, with a wide network of 40 branch offices providing support to travel agents across the Indian sub-continent. Amadeus India offers agents access to more than 95% of scheduled airline seats as well as hotel rooms, insurance packages, car hire and other travel services worldwide. Amadeus' distribution system is preferred by travel agents in 217 cities across India as well as in Bangladesh, Nepal and Colombo with over 42,000 terminal installations in more than 13,000 travel agencies.
To visit the Amadeus Investor Relations centre please go to: www.investors.amadeus.com
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