Travel technology company Amadeus posted resilient first-half 2026 results, reporting higher revenue and profit despite a slowdown in global air travel caused by geopolitical tensions in the Middle East.

Group revenue rose 2.3 percent to €3.33 billion, while operating income increased 0.6 percent to €943.2 million. Adjusted EBIT climbed 4.9 percent at constant currency, while adjusted diluted earnings per share grew 7.3 percent.

Free cash flow reached €472.2 million, while net financial debt stood at €2.58 billion, equivalent to 1.0 times last-12-month EBITDA.

Amadeus said air traffic softened beginning in March after heightened tensions in the Middle East disrupted global travel, with the International Air Transport Association reporting negative traffic growth in April and May for the first time in 15 years, excluding the Covid-19 period.

Despite the slowdown, president and CEO Luis Maroto said customer demand remained strong, supported by the company’s diversified portfolio across aviation, hospitality and payments.

Among its business segments, Air IT Solutions posted 8.7 percent revenue growth, while Hospitality and Other Solutions rose 9.2 percent. Air Distribution revenue increased 1.1 percent, although bookings fell 3.7 percent due to cancellations and travel disruptions.

Amadeus also said it continues to expand artificial intelligence capabilities across its products and deepen strategic partnerships, including with Google, while advancing its planned acquisition of IDEMIA Public Security, which remains on track for regulatory approval by mid-2027.