HH Arirang SMART Beta Quality Bond ETF (238670)

Overview

Amadeus IT Group, S.A., along with its subsidiaries, is a pivotal force in the travel and tourism industry worldwide, operating primarily as a transaction processor. The company's business operations are organised into three main segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. Amadeus is known for its international network that facilitates real-time search, pricing, booking, ticketing services, and various other processing solutions. This is achieved through its innovative platforms such as Amadeus GDS, Altéa PSS, and New Skies. The organization has undergone a rebranding from its former name, Amadeus IT Holding, S.A., to Amadeus IT Group, S.A. in August 2016 and boasts a history that dates back to its inception in 1987, with its foundations in Madrid, Spain.

Products and Services

• Amadeus GDS

  A global distribution system that bridges the gap between travel providers and various travel sellers and buyers, enabling real-time access to travel content including flights, accommodations, and more. This platform aids search, pricing, booking, and ticketing processes.

• Altéa Passenger Service System (PSS)

  An advanced suite designed for airlines that covers critical operations like reservations, inventory management, and departure control. Altéa PSS ensures airlines can offer seamless service to their passengers from booking to boarding.

• New Skies

  A next-generation booking system specifically tailored for airlines, facilitating efficient management of reservations, fare quotes, ticket issuance, and other crucial airline processes. It stands as a testament to Amadeus' commitment to evolving technology in the air travel sector.

• Technology Solutions for Travel Providers

  Amadeus offers a comprehensive portfolio of technology solutions aimed at automating mission-critical business processes for various travel providers, such as reservation systems, inventory management, and departure control systems. These solutions are designed to enhance efficiency and streamline operations for airlines, hotels, and other travel service companies.

• Software and IT Services

  The company is engaged in providing a range of software development, distribution, and IT services including regional support, data processing, and consultancy. These services span across the areas of computer consulting, installation of industrial machinery and equipment, consultancy, and technology development for payments, emphasizing Amadeus’ capacity as an all-encompassing IT service provider in the travel industry.

• E-commerce and Financial Activities

  Amadeus participates in e-commerce business operations and performs financial activities. These segments of the company's business underline its role in facilitating online transactions and payments for travel bookings, showcasing its adaptability to the digital transformation in the travel sector.