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Search results for “Sabre”
Travelport brings in ex-Sabre exec Greg Webb to replace CEO Gordon Wilson
07/10/2019
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5:41:00 PM
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Webb joins Travelport following a $4.4 billion deal that took it off the New York Stock Exchange and back to private equity under the auspices of Siris Capital Group and Evergreen Capital.
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
03/30/2020
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1:09:49 PM
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The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021
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3:18:22 PM
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OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
Air France-KLM joins airlines getting ahead of fare wars by mimicking Uber
04/01/2021
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2:19:32 PM
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For decades, most large airlines have used the same, rigid approach to pricing their tickets. But they now want to break free of the old ways. Will travel agents play along?
OTA launches a three-step content strategy; Chinese consumers still optimistic | Daily Brief
03/05/2021
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12:29:54 AM
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China hotels benefited from quick lockdowns, later holidays; Travel in Hong Kong may resume slowly "in 3-6 months".
UK competition watchdog to probe Sabre acquisition of Farelogix
06/13/2019
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6:21:14 PM
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Farelogix’s technology was the original source of the NDC standard and the move by Sabre was seen as a way for the leading US GDS to leap ahead of rivals in rolling out new distribution capabilities.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020
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10:01:43 AM
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Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Sabre’ travel network revenue rose 7.3% to $774.0 million in Q1
05/01/2019
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8:02:31 AM
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Operating income dropped 33.2%, driven by the increased technology operating expenses.
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