Amadeus forecasts Q2 booking decline amid regional war
Amadeus expects air travel bookings to fall in the second quarter due to the Middle East war and European strikes. The group maintained its full-year guidance.
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Amadeus IT Group SA expects air travel bookings to decline through the second quarter due to Middle East conflict and European strikes. CFO Carol Borg confirmed April performance remained in negative territory despite a slight improvement from March levels. Investors face revenue growth at the lower end of guidance as geopolitical instability pressures global travel demand.
