Garuda Indonesia selects three advanced fares management solutions from Sabre

Rhea-AI Summary

Garuda Indonesia has selected three advanced fare management solutions from Sabre (NASDAQ: SABR) to enhance its pricing capabilities and streamline operations. The airline will implement Sabre Fares Manager, Contract Manager, and Fares Optimizer to support its transformation strategy and address fare management challenges.

These solutions aim to reduce revenue leakage through automation, implement optimal pricing strategies using advanced analytics, and enhance market agility. The tools provide real-time insights and integrated end-to-end automation for proactive fare adjustments. Garuda Indonesia joins over 30 airlines globally using Sabre's fare management solutions.

Positive

• New agreement with Indonesia's national flag carrier expands Sabre's market presence
• Addition of Garuda Indonesia to portfolio of 30+ airlines demonstrates market confidence
• Solutions provide revenue optimization through automated fare management
• Technology enables real-time pricing adjustments based on market dynamics

Negative

• None.

Insights

Market Research Analyst

Garuda Indonesia's adoption of Sabre's fare management solutions represents a strategic move in revenue optimization, but the immediate financial impact appears While the integration of Fares Manager, Contract Manager and Fares Optimizer could enhance pricing efficiency and reduce revenue leakage, these improvements will likely materialize gradually over time. The partnership adds Garuda to Sabre's portfolio of 30+ airline clients, modestly expanding its market presence in the Asia Pacific region. For Sabre, which has a market cap of $1.46B, this deal helps strengthen its position in airline technology solutions but isn't likely to significantly impact near-term financials given Garuda's relative size and the typical implementation timeline for such systems.

Tech Expert

The implementation of Sabre's three-pronged fare management solution suite represents a comprehensive technological upgrade for Garuda Indonesia's pricing infrastructure. The system's real-time pricing adjustments and automated fare management capabilities address critical operational inefficiencies in airline revenue management. The integration of advanced analytics for dynamic pricing optimization is particularly notable, as it enables data-driven decision-making in a highly competitive market. However, the true value proposition lies in the combination of these tools working in concert - Fares Manager handling basic automation, Contract Manager ensuring compliance and Fares Optimizer providing the intelligence layer for strategic pricing decisions.

Indonesia's national flag carrier has selected Sabre Fares Manager, Contract Manager and Fares Optimizer to improve revenue opportunities through intelligent pricing recommendations

SINGAPORE and JAKARTA, Indonesia, Dec. 16, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new agreement with Garuda Indonesia. The airline will use fare management solutions from Sabre to enhance its pricing management capabilities, streamline operations, and reinforce its competitive positioning. By adopting Sabre's advanced solutions, Garuda Indonesia aims to support its broader transformation strategy and address critical challenges in fare management.

"We're thrilled to welcome Garuda Indonesia to the growing list of airlines that trust Sabre's proven fare management solutions," said Rakesh Narayanan, Vice President, Regional General Manager, Asia Pacific, Travel Solutions Airline Sales. "The addition of Garuda Indonesia to our airline partner portfolio, alongside other recent signings, is a clear indication of the market's confidence in our advanced fares optimization technology. Sabre's Fares Manager, Contract Manager, and Fares Optimizer will play a pivotal role in helping Garuda Indonesia navigate market complexities and achieve its revenue goals."

Taken in combination, Sabre Fares Manager, Contract Manager, and Fares Optimizer are designed to tackle industry challenges head-on, enabling airlines to:

• Reduce revenue leakage by automating fare management process and ensuring revenue opportunities are captured;
• Implement optimal pricing strategies through the use of advanced analytics and real-time insights, enabling airlines to develop and execute strategies that respond dynamically to market changes, demand fluctuations and competitive pressures;
• Enhance agility in a dynamic market, ensuring airlines can remain competitive and aligned with customer demand:
• Have integrated end-to-end automation and advanced intelligence to proactively adjust fares in real time

"This agreement with Sabre represents a significant step forward in our ongoing efforts to optimize our operations and enhance our competitive edge," said Muhamad Yusuf, Product Development Group Head, Garuda Indonesia. "We are confident that Sabre's innovative fare management solutions will provide us with the tools we need to drive revenue growth, improve pricing accuracy, and support our overall business strategy."

Garuda Indonesia flies an extensive domestic, regional, and international schedule, including to Europe, the Middle East, and elsewhere in Asia Pacific. With this agreement, Garuda Indonesia joins over 30 airlines globally that have entrusted Sabre with their fare management needs.

About Sabre Corporation   
Sabre Corporation is a software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. The Company connects travel suppliers and buyers around the globe and across the ecosystem through innovative products and next-generation technology solutions. Sabre harnesses speed, scale and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com. 

About Garuda Indonesia
Presenting a new level of service excellence in air travel, Garuda Indonesia, the national airline of Indonesia, seamlessly connects 60 destinations worldwide, including exotic locations in the beautiful archipelago of Indonesia all at once. As a national flag carrier, the airline proudly serves its passengers with the award-winning distinct service "Garuda Indonesia Experience", which highlights Indonesia's warm hospitality and rich diverse culture. Garuda Indonesia group currently operates a total of 210 aircraft with an average age of less than five years, consist of 142 fleets which operate by Garuda Indonesia, and 68 fleets operate by Citilink as a Low-Cost Carrier. Through the company's ongoing development program, in 2020 Garuda Indonesia has received a number of international awards, including achieving the 5-Star On-Time Performance Rating 2020 from OAG Flightview, which is an Independent On-Time Performance rating agency based in the UK. For more information visit www.garuda-indonesia.com

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Media Contacts:

Kristin Hays
Kristin.hays@sabre.com

Chandra Moyse
Chandra.moyse@sabre.com

Investors
Brian Evans
sabre.investorrelations@sabre.com

 

 

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SOURCE Sabre Corporation

FAQ

What fare management solutions has Garuda Indonesia selected from Sabre (SABR)?

Garuda Indonesia has selected three solutions from Sabre: Fares Manager, Contract Manager, and Fares Optimizer to enhance pricing management capabilities and streamline operations.

How many airlines globally use Sabre's (SABR) fare management solutions?

Over 30 airlines globally have chosen Sabre's fare management solutions.

What are the key benefits of Sabre's (SABR) fare management solutions for Garuda Indonesia?

The solutions help reduce revenue leakage through automation, implement optimal pricing strategies using advanced analytics, and enhance market agility with real-time fare adjustments.

How will Sabre's (SABR) solutions impact Garuda Indonesia's revenue management?

The solutions will help Garuda Indonesia capture revenue opportunities, develop dynamic pricing strategies, and respond to market changes and competitive pressures in real-time.