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Amadeus IT Group (Amadeus IT Group) Deferred Policy Acquisition Costs


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What is Amadeus IT Group Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Amadeus IT Group (Amadeus IT Group) Business Description

Industry
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.