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Amadeus acquires Iberia's stake in Savia Amadeus

Madrid, Spain - The purchase concerns 66 per cent shares, worth EUR 82,3m

Amadeus, one of the most important firm operating in the order of travel bookings, has acquired from Iberia a 66 per cent stake in their jointly-owned Spanish unit Savia Amadeus for EUR 82,3m. Iberia is one of the major shareholders in Amadeus, mixed with Lufthansa and Air France; Amadeus operates in Spain and Portugal through Savia Amadeus. The global travel booking firm is currently in exclusive...

AVIONEWS - World Aeronautical Press Agency - 115536
Rome, Italy, 03/03/2005 14:11
AVIONEWS - World Aeronautical Press Agency

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