Amadeus takes share in Opodo

3 April 2003

MADRID - Amadeus will take a 16.7 percent share in Opodo, the pan-European online portal with sites in Germany, UK and France.

Under the terms of the transaction, Amadeus will acquire its shareholding in Opodo for EUR49 million (US$52.7 million). The transaction will be officially communicated to the EU Commission following the applicable competition rules.

For its online travel sites in the UK, Germany and France, Opodo currently uses e-Travel Planitgo, Amadeus's online booking engine which interfaces with the Amadeus System for flight availability, faring, reservation and sales.

As part of its strategy to participate actively in online travel, Amadeus has invested in several Internet travel companies around the globe.

David Scowsill, CEO of Opodo commented, "Europe is beginning to follow the US in a rapid move towards online travel purchasing.

This investment by Amadeus, a strong technology partner and expert in the travel distribution industry, will enable us to continue to meet the needs of our customers as we grow our business in Europe."

Opodo is created by nine of Europe's leading airlines - Aer Lingus, Air France, Alitalia, Austrian Airlines, British Airways, Finnair, Iberia, KLM and Lufthansa. Opodo launched its first site ( in Germany in November 2001, its UK site ( in January and its French site ( in April 2002.

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