Introduction
It’s always interesting to have a look at companies almost everyone uses in their lives without realizing they do. One of those companies is Amadeus IT Group (OTCPK:AMADF) (OTCPK:AMADY), a Spanish company providing the backbone of for instance online reservation systems for flights, serving over 163 million passengers (for a 44% share in the air transportation segment) in the first quarter of the year. Considering the air bookings represent approximately 90% of all bookings through Amadeus’ systems, it’s only fair to consider Amadeus to be a proxy for the