Iberia and Amadeus extend full content agreement until December 2014
New Delhi, February 08, 2010: Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry and Iberia, the leading airline in Spain and the European-Latin American market, have agreed to extend their full content agreement until 2014.
Speaking on the occasion, Rakesh Bansal, CEO, Amadeus India, said "The extension of our long lasting partnership with Iberia is reflective of our commitment to bring full content access to our travel agent partners and cost efficiencies to Iberia. This agreement is a critical part of Amadeus' strategic initiative to secure long-term efficient access to the content of key airlines worldwide, ensuring functional and content parity with all other distribution channels."
The agreement guarantees travel agents worldwide access to the entire range of Iberia content through Amadeus. According to the agreement, the fares, schedules and inventory made available through the Amadeus system will remain the same, and under the same conditions, as through any indirect or direct channel, distribution provider or website.
"We are delighted to extend our commitment to the travel industry with this agreement," says Manuel López Aguilar, executive VP Commercial and Customer, "Travel agents can feel sure that they will continue to have efficient access to the complete range of our offer through Amadeus for the next five years."
This extension joins a growing number of recently signed long-term full content agreements Amadeus has signed with key airlines including, British Airways (3 years) Lufthansa and Swiss (5 years) and Virgin Atlantic (3 years) amongst others.
More than 80% of all airline bookings sold by Amadeus travel agencies worldwide are made on airlines with full content agreements. This represents over 280 million bookings a year.
About Amadeus India
Amadeus India is the leader in technology and distribution solutions for the travel and tourism industry with a quality benchmark of being an ISO 9001:2008 company. With more than 53% market share in the Indian subcontinent, providing complete IT enabled services for the travel and tourism industry. Amadeus India is the market leader with more than 19,500 terminal installations, 7,500 agencies online in 248 cities across the region. Of the total GDS installations in the subcontinent, Amadeus is the clear market leader. Since it started operations in 1994, the company has established 35 offices including country offices in Colombo, Dhaka and Kathmandu.
More information about, visit the Amadeus India website: www.amadeus.in
Today Iberia is Spain's leading airline and also market leader on flights between Europe and Latin America. In 2008 it posted operating income of more than 5.45 billion euros and, together with is regional franchise, it carried 28.5 million passengers. It offers some 1,000 flights every day to about 100 destinations. Iberia is also distinguished by its social, corporate, and environmental policies. Iberia is a member of the oneworld airline alliance, with an offer of 8,400 daily flights to 680 destinations in 134 countries. For further information about Iberia Group:www.grupo.iberia.com/portal/site/grupoiberia
Tel: +34 91 582 7809
Fax: +34 91 582 0188
Carlson Wagonlit Travel
Tel. +33 (0)1 41 33 60 44