Amadeus Takes 17% Stake In Opodo Travel Portal

Amadeus, the European travel distribution system, paid EUR49 million (US$52.7 million) for a 17% stake in Opodo, a travel portal created by nine European airlines. "The fast-growing European online travel market is expected to leap from EUR4.2 billion in 2001 to EUR20.6 billion by 2006," Amadeus...

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