GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (OTCPK:AMADF) » Definitions » Other Assets for Banks

Amadeus IT Group (Amadeus IT Group) Other Assets for Banks


View and export this data going back to . Start your Free Trial

What is Amadeus IT Group Other Assets for Banks?

Other Assets (Bank) only applies to banks.


Amadeus IT Group (Amadeus IT Group) Business Description

Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.