Turkish Airlines and Amadeus sign full content agreement worldwide and boost cooperation
The new 3-year contract offers guarantees of full content to all agencies subscribing to Amadeus outside Turkey.
Dubai, UAE, 19 April 2011: Turkish Airlines and Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, have signed a 3-year full content agreement that guarantees all travel agents worldwide, outside Turkey, access to the full range of the carriers’ fares, inventory and schedules.
“We are delighted about this new agreement that boosts our relationship with Amadeus and allows Turkish Airlines to have competitive distribution in our international markets”, says Faruk Cizmecioglu, EVP Sales and Marketing, Turkish Airlines. “Travel agents outside Turkey can now enjoy efficient access to the complete range of our offer through Amadeus for the next three years”.
The new agreement offers Amadeus’ subscribers outside of Turkey the same level of fares, availability and functionality as the airline distributes through its own website.
“This is a critical step in Amadeus’ strategy to secure long-term efficient access to the content of key airlines worldwide”, said David Doctor, Director Airline and Travel Agency. “Amadeus is a significant provider of distribution reach to Turkish Airlines and this contract lays the ground for a stable long-term cooperation with the carrier”.
With a passenger volume per annum of 30 million, Turkish Airlines is one the fastest-growing airlines in Europe, Middle East, Africa and Central Asia. Amadeus is a chief distribution partner of the carrier.
This new contract is part of an increasing number of content agreements which Amadeus has recently signed with key airlines including, Aerolíneas Argentinas, TAP Portugal, Cathay Pacific and Alitalia.
- ENDS -
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers).
The group operates a transaction-based business model and processed 850 million billable travel transactions in 2010.
Amadeus has central sites in Madrid (corporate headquarters and marketing), Nice (development) and Erding (Operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organisations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended 31 December 2010, the company reported revenues of EUR 2,683 million and EBITDA of EUR 1,015 million. The Amadeus group employs over 10,270 employees worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please go to www.amadeus.com.
To visit the Amadeus Investor Relations centre please go to www.investors.amadeus.com.
About Turkish Airlines
Established in 1933 with a fleet of only five airplanes, Star Alliance member, Turkish Airlines is today a four star airline company with a fleet of 155 aircraft flying to 172 destinations around the world, comprising 41 domestic and 131 international destinations. Visit www.turkishairlines.com for more information.