MADRID, May 16, 2012 /PRNewswire/ -- OAG, the global leader in aviation intelligence, and Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, today announce a new enhancement to provide best-in-class airline schedule information. Under the agreement, OAG now provides to Amadeus a daily transmission of schedule data files. OAG's data is used globally by Amadeus-served travel management companies, travel websites, and agencies.
"Amadeus is the first global distribution system to use a daily OAG schedule feed," said John Grant, EVP Networks of UBM Aviation, parent company of OAG. "This enables travel agents and their customers to access more accurate information when they're looking to book a flight – a major competitive advantage for any global distribution system."
The OAG database contains schedules for over 1,000 airlines and over 4,000 airports. The database tracks over 28 million departures a year ahead. This data is updated continuously, and OAG processes up to 50,000 airline schedule-change messages per day.
"Airlines change their flight schedules to enhance margins, meet market demand, and seize competitive advantage and it is key that this information is made available quickly to travel agencies," said David Doctor, Director Distribution Marketing, Amadeus. "With this new agreement, we can ensure that, for airlines which file their information in OAG, schedule changes are processed and new flights proposed for sale, immediately on the day."
Approximately one third of the flight schedules in the Amadeus system are based on OAG´s data. Airlines can also update their schedules directly in the Amadeus system.
Notes to the editors
OAG, a UBM Aviation brand, is the trusted source for aviation information and analytical services. Our leading aviation databases unrivalled in their scale, accuracy and comprehensiveness are integral to the worlds' aviation industry operations. For more information, visit www.oag.com.
About UBM Aviation
UBM Aviation, a UBM plc company, is the pioneer of innovative market leading aviation solutions. Our instantly recognisable brands provide the data, analysis, events, media and consultancy services that drive route development and financial growth for our customers' businesses. For more information, visit www.ubmaviation.com.
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g. airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers).
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011.
Amadeus has central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organisations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol "AMS.MC". For the year ended December 31, 2011 the company reported like-for-like revenues of euro 2,712 million and EBITDA of euro 1,039 million. The Amadeus group employs around 10,000 people worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please visit www.amadeus.com
To visit the Amadeus Investor Relations centre please www.investors.amadeus.com
SOURCE UBM Aviation