The world’s biggest travel reservations company Amadeus on Friday said losses last year had narrowed dramatically as air travel resumed after a complete halt in 2020 due to Covid.
The Spanish firm recorded an adjusted loss of 45 million euros ($50 million) in 2021 against 302 million euros a year earlier when flights were grounded worldwide.
Amadeus, whose main service is a plane ticket reservation platform for travel agencies, made a profit of 62 million euros in the second half of 2021 after posting a 107-million-euro loss between January and June.
But annual turnover and the number of passengers who boarded flights thanks to the company’s services remained well…