Amadeus completes $830m acquisition of Navitaire

Amadeus completes $830m acquisition of Navitaire

Amadeus has finalised the $830 million acquisition of Navitaire from Accenture.

The acquisition marks an important step for Amadeus in the low-cost and hybrid segments of the airline industry, the company said.

Navitaire provides revenue-generation and cost-streamlining solutions in the areas of reservations, ancillary sales, loyalty, revenue management, revenue accounting and business intelligence to more than 50 airlines.

About 550 Navitaire staff, including the company’s senior management team, will transfer to Amadeus as part of the deal.

Navitaire will become a distinct business line within Amadeus’ Airline IT unit, with chief executive David Evans retaining his position.

Amadeus will maintain the company’s brand, which will be known as ‘Navitaire, an Amadeus company’.

Navitaire’s solutions for the low-cost segment will complement Amadeus’ Altéa Suite of offerings for its largely full-service carrier customer base, giving the company the ability to serve a wider group of airlines.

Amadeus intends to market and sell the two portfolios separately and will continue to invest in both platforms, enhancing the services and functionality availability to all types of carriers.

Amadeus believes that the acquisition will enable it to improve the connectivity between different carriers within the same airline group or alliance and that the functionality from each platform will enhance the other.

Amadeus president and chief executive, Luis Maroto, said: “The addition of Navitaire is an important step for Amadeus, broadening our product portfolio and know-how in the aviation industry.

“The industry is increasingly complex, with different airlines serving distinctive passenger segments and an increasing cross-over between low-cost and full-service.

“The combination of the technology and expertise of Amadeus and Navitaire ensures we are better positioned to meet the needs of all our customers.”

Airline IT senior vice president, Julia Sattel, added: “Navitaire is a great cultural fit for Amadeus as both companies have a product mindset and deep aviation experience at their core.

“But there are differences also and I think the two companies have a great deal to learn from each other and over time, as we get to know each other better, there will be synergies that will be to the benefit of our customers.”

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