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Spain's Amadeus expects strong travel demand to boost Q2 revenue

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MADRID - Spanish travel booking group Amadeus said on Wednesday it expects its revenue to jump in the second quarter compared to the first three months of the year as demand remains strong despite higher costs for airline tickets

"We are seeing a very strong resilience on the demand side and still no worrying signs of weakness," Sabadell analyst Alvaro del Pozo said. Growth in Western Europe bookings was flat, dampened by strikes at major airlines which led to cancellations, Maroto said.

 

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Spain's Amadeus expects strong travel demand to boost Q2 revenue'If we take together the first quarter with the estimates for April, we see a growth close to 4% (from a year ago),' Amadeus CEO Luis Maroto said in a call...
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