Q3 2020 Amadeus IT Group SA Earnings Call Transcript

Nov 06, 2020 / 12:00PM GMT
Operator

Welcome to the Amadeus Third Quarter 2020 Link Presentation webcast. (Operator Instructions)

I am now pleased to hand over to you, Mr. Luis Maroto, President and CEO of Amadeus. Please, sir, go ahead.

Luis Maroto Camino - Amadeus IT Group, S.A. - President, CEO & Executive Director

Good afternoon, ladies and gentlemen. Welcome to our first 9 months of 2020 results presentation. Thank you very much for joining us today. Till and Ana are also here with me. I will focus on our most important developments in the quarter, and they will elaborate on the key financial aspects.

On Slide 4, I would like to start by making a few remarks on the market activity we have seen over the past months and its impacts on our segments. As you will have seen, travel remained depressed over the summer period, heavily impacted by the COVID-19 pandemic. However, following the initial signs of activity resuming in May, June, global air traffic continued improving through the quarter across regions on the back of travel restrictions being lifted in parts of the

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