Amadeus acquires aviation tech business AirIT

Amadeus acquires aviation tech business AirIT

Amadeus has acquired an aviation tech business used by 30 of the top 50 busiest airports in the US, including Atlanta, Dallas, Los Angeles, Miami and Charlotte.

AirIT has been bought from German airport management services firm Fraport for an undisclosed sum.

AirIT complements Amadeus’ business with a strong customer base that covers more than 115 airlines and 120 airports, predominately in the US, Canada and the Caribbean.

It is the second acquisition of well-established airport industry players by Amadeus in the past 15 months.

About 70 employees, including AirIT’s management team, will become part of Amadeus’ Airport IT business.

The acquisition allows Amadeus to be more responsive to customers seeking property and revenue management systems in conjunction with airport management systems.

John Jarrell, head of Airport IT for Amadeus, said: “As the pace of recovery picks up over the next few years, the North American market, already the biggest airport IT market in the world, will represent an enormous opportunity for growth.

“With this acquisition, Amadeus accelerates the expansion of its airport IT business in the region, gaining both a solid customer base and a highly experienced team, to provide innovative solutions to our customers”.

Betros Wakim, chief executive of AirIT, said: “There are clearly dynamic synergies between the two companies, which will further enhance our ability to deliver complete end-to-end solutions to our respective customers globally.

“With our combined offerings, expertise, and infrastructure, we believe that we will have the opportunity to serve our customers even better.”

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