Gains across both distribution and the IT solutions businesses as well as mergers and acquisition activity contributed to growth for Amadeus in 2014.
Highlights for the final quarter of the year include the announcement of Expedia branded fares, whereby customers buy based on the attributes most attractive to them, will begin with selected airlines in the middle of 2015.
The multi-year agreement with Ctrip for outside China will initially cover Hong Kong, Taiwan, Korea and the US with Canada, Australia, Japan, Thailand and New Zealand to come.
Meanwhile, on the merchandising front, eight new airlines signed up to Amadeus Airline Ancillary Services solution including Etihad.
Reporting full-year results for the period to December 31, 2014, Amadeus highlighted a 5% increase in air travel agency bookings to 466.5 million while in IT solutions total passengers boarded increased almost 13% to 695.6 million.
Group revenue for the company increased 10% to Euro 3,417.7 million, EBITDA increased almost 10% to Euro 1,306 million and adjusted profit up almost 10% to Euro 681 million.
Distribution gains highlighted by the company include a revenue increase of 5.6%, the signing or renewal of 15 airlines and a market share gain of 1.4 percentage points for the quarter attributed to growth in Asia. The US continues to be the fastest growing region.
The IT solutions business was boosted by migrations which increased by 9.7% while gains announced in 2014, such as Thomas Cook signing up to Altea, and should lead to about a billion passengers processed annually in 2017.
Research and development investment increased 8.7% and now represents 15.9% of revenue according to the company.
Projects on the go include a 'new generation' selling platform for the travel agency, TMC and corporate market, investment in a global merchandising platform and investment in the creation of 'Total Travel Record' - a development in extending the PNR to include all traveller information and enable cross-selling and customer management capability.
Going forward, the company expects continued revenue growth in line with the past few years from both IT and distribution - in low double digits for the former and mid single digits for the latter.
On further acquisitions, president and chief executive Luis Maroto says they are part of the growth strategy but could not say "where, how or how big."
He adds that the company continues to analyse options but that it's difficult to "reach an agreement" with potential acquisition targets.
Amadeus acquired hotel solutions specialist Newmarket International in December 2013, airport tech company UFIS (for Euro 18.8 million, previously undisclosed) in February 2014 and corporate travel tech specialist i:FAO in April 2014.