188bet mobile login technology giant Amadeus recently announced that it has begun to take further cost-cutting measures，Plan to reduce costs in 2020 2.500 million euros。

The company announced this plan after announcing its second quarter and first half financial results，Aiming to better prepare for the impact 188bet mobile login epidemic。Amadeus and Saber are the only two major listed global aviation distributors，Amadeus is larger than the latter。3 months before the previous，Amadeus has announced plans to reduce costs by €300 million。

Financial report display，The company’s net loss in the first half 188bet mobile login was 89 million euros，113% year-on-year decrease，Revenue fell 55% to 1.3 billion euros，Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 84% to 1.9.4 billion euros。

Said Luis Maroto, President and CEO of the company，First half of the year，Booking volume of travel agencies using Amadeus system dropped by 79%，Passenger boardings dropped by 56%。He will make the first half of 2020 "the most difficult moment in the history of the global 188bet mobile login industry"。

Second Quarter，188bet mobile login agency bookings in the company’s distribution business fell 113% year-on-year。Due to March、Cancellations began to slow down in April and part of May，188bet mobile login agency air bookings improved in mid-June。

The financial report also shows，Amadeus distribution revenue fell 102% in the second quarter，Loss of 16 million euros，Distribution revenue fell 73% to 4 in the first half 188bet mobile login4.2 billion euros。

Although the 188bet mobile login market remains unstable，However, the company has signed or renewed nine new cooperation agreements with Air New Zealand and other airlines。

Maroto said，Since the end of May，More and more flights are being restarted，Air passenger traffic and bookings are also increasing。But the situation is still very unclear。He also added，The company has now taken measures to strengthen liquidity，The company currently has 4 billion euros of available liquidity，EUR 2.4 billion of which is cash。

In addition，Amadeus IT solutions business revenue fell 56% to 2 in the second quarter.€7.5 billion，In the first half 188bet mobile login, this part of the revenue dropped by 29% to 8.400 million euros。The main reason for the decrease in income is，The number of boarding passengers shrank significantly in the second quarter，Down 94% to 31.3 million。

Company name，2.Euro 500 million cost reduction plan expected to come from accelerated digitalization projects、Accelerate mergers and acquisitions integration and other comprehensive purpose management。