Amadeus swings back to profit as air travel recovers from the pandemic

MADRID – Spanish journey reserving group Amadeus on Friday reported an adjusted internet revenue of 95 million euros ($99.97 million) within the first quarter in contrast with a internet lack of 83 million euros in the identical interval a 12 months in the past as journey restrictions had been largely lifted.

The corporate’s revenue was increased than the 79 million euros anticipated by analysts polled by Refinitiv.

The corporate mentioned it processed nearly 92 million bookings through the quarter, a little bit greater than half the pre-pandemic ranges.

($1 = 0.9503 euros)

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