Geopolitical tensions and softer demand weigh on travel bookings
Aug 5, 2025
Amadeus reported modest growth in airline bookings for the second quarter of 2025, signaling a slowdown in global travel demand as geopolitical issues and weaker U.S. travel impacted performance. Despite this, the company posted revenue and profit gains supported by higher revenue per booking and new airline agreements.
Key takeaways
- Slowing bookings growth: Air bookings grew 1.5% year over year in Q2, down from 2.5% in Q1 and 9% in Q4 2024.
- Regional performance varied: Asia-Pacific saw the strongest growth at 10.8%, while Latin America bookings fell 5.3%.
- Revenue per booking up: Distribution revenue rose 6.1% to €786.7 million, driven by higher pricing and new agreements.
- New airline partnerships: Amadeus signed 17 new or renewed distribution contracts and reached 74 NDC agreements.
- Profit growth: Net profit increased 11.3% year over year to €372.1 million, supported by overall revenue growth of 4.6%.
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