As one can see, Amadeus has several sources of revenues (almost all of the streams discussed in the course).
But mainly, Amadeus' revenues come from its Transaction-Based Solutions, in particularly from its GDS (Global Distribution System), and it might combine pricing mechanisms according to the segment targetted. For example, it requires Travel Agencies (mainly) a subscription fee for usage of their GDS solution whilst still applying Transaction fees for every operation performed in their solution.
When acting as an Agent, it gets brokerage fees and when distributing its IT Solutions might get Selling, Leasing or Licensing revenues.
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