Spain's Amadeus Q2 net profit soars as tourism recovery accelerates


The logo of Amadeus IT Group tops the companys offices in Madrid Spain April 27 2022. REUTERSSusana Vera

The logo of Amadeus IT Group tops the company's offices in Madrid, Spain, April 27, 2022. REUTERS/Susana Vera

MADRID (Reuters) - Spanish travel booking group Amadeus on Friday reported a second-quarter net profit of 237 million euros, compared with a net loss in the same period last year, as the travel industry's recovery from COVID-19 accelerated.

The company, which operates the world's largest travel booking system, said overall revenue in the period almost doubled from the second quarter in 2021 to 1.18 billion euros and was a step closer to pre-pandemic levels.

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