Qantas extends global distribution agreement with Sabre
Rhea-AI Summary
Sabre (NASDAQ: SABR) has extended its long-term distribution agreement with Qantas, Australia's largest airline. The multi-year renewal ensures that Sabre-connected travel agencies worldwide will continue to have access to both traditional EDIFACT and New Distribution Capability (NDC) content from Qantas.
The agreement builds upon their existing partnership, with Sabre being among the first global distribution systems to distribute Qantas' NDC offers in 2021. This renewal reflects both companies' commitment to providing travel agencies with enhanced flexibility and personalization options while ensuring comprehensive access to Qantas' content through Sabre's global marketplace.
Positive
- Extended long-term distribution agreement with major airline Qantas
- Maintains Sabre's position as a strategic distribution partner for NDC content
- Ensures continued revenue stream from one of Australia's largest airlines
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SABR gained 0.26%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Long-term renewal reinforces Qantas' commitment to distributing both traditional and NDC content through Sabre's robust, worldwide marketplace.
"At Qantas, we're focused on enhancing our retailing capabilities to meet the dynamic needs of both travelers and travel agencies," said Kathryn Robertson, Qantas Executive Manager, Global Sales & Distribution. "Our continuing collaboration with Sabre is central to our distribution strategy, helping ensure our customers can seamlessly shop, book, and service a comprehensive range of Qantas content via NDC. We're excited to be able to offer agencies more flexibility and choice in the coming months through Sabre's global marketplace."
Sabre and Qantas have had a valued, long-standing distribution relationship, with Sabre being among the first global distribution systems to distribute the airline's NDC offers in 2021. Under the renewed agreement, Sabre-connected agents will continue to be able to access the full range of traditional EDIFACT and NDC offers made available by Qantas.
"We're delighted that Qantas continues to trust Sabre as a strategic distribution partner to advance their strategy," said Chris Wilding, Senior Vice President, Air Distribution, Sabre Travel Solutions. "Just as we are committed to providing travellers with greater choice through our multi-source content platform, we also want to empower travel agents with enhanced flexibility and personalization in the way they do business. This renewed agreement highlights the joint commitment of Qantas and Sabre to creating a comprehensive marketplace that seamlessly meets the demands of a rapidly evolving travel ecosystem."
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,
About Qantas
Founded in 1920, Qantas is
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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
