Amadeus has acquired airline revenue management startup Kambr for an undisclosed amount. A statement describes the acquisition as a “natural evolution” of its relationship with U.S.-based Kambr, which has been a partner of Amadeus-owned Navitaire since last year.
Amadeus says Kambr’s technology will add to its own Altea revenue management technology.
Dave Evans, CEO of Navitaire, says: “Last year, we decided to start working more closely with Kambr’s team. We have been very impressed by the quality and simplicity of its technology for our low-cost and hybrid carrier customers. This acquisition will result in an even simpler user interface based on agile, cloud-based technology.”
Cyril Tétaz, executive vice president Altéa at Amadeus, says: “Kambr is a great cultural, business and technical fit for Amadeus. By combining Kambr’s airline revenue management expertise and intuitive workflows to the Altéa offering based on advanced science, we will further enhance our offer optimization proposition for carriers.”
Jason Kelly, Kambr CEO, says: “Airlines need simple and effective revenue management solutions that provide actionable insights. By combining the agility and simplicity of Kambr’s solutions with the expertise and technical excellence of Amadeus, we believe that airlines now have the right tools to successfully develop their revenue and offer optimization strategy. For Kambr and our team, this is a unique opportunity to grow faster and we are excited to be part of Amadeus.”
Kambr announced funding of $3 million in 2021 which brought its total to $7 million following an investment in 2019. This has not been the only consolidation in the airline revenue management space in recent months with Flyr Labs acquiring xCheck and Faredirect in September last year.
