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Riyadh Air Selects SabreMosaic™ to Power Next-Gen Retailing and Offer Optimization

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Riyadh Air, Saudi Arabia's newest flagship airline, has partnered with Sabre (NASDAQ: SABR) to adopt comprehensive SabreMosaic™ Offer Optimization technology. This strategic agreement positions Riyadh Air to become the first carrier to operate on offer- and order-based technology across its entire retail spectrum when it launches operations in 2025.

The airline will deploy SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ, and Upgrade IQ to generate and manage dynamic offers. Additionally, Riyadh Air will use SabreMosaic Continuous Revenue Optimizer for true continuous pricing, making it the first airline globally to operate without traditional fare filing and booking classes in the direct channel.

This partnership leverages Sabre Travel AI™ and Google's Artificial Intelligence (AI) and Machine Learning (ML) toolkit to enhance offer construction with smart customer segmentation and intelligent bundling, enabling Riyadh Air to provide personalized, diverse travel options while optimizing revenue.

Riyadh Air, la nuova compagnia aerea di bandiera dell'Arabia Saudita, ha stretto una partnership con Sabre (NASDAQ: SABR) per adottare una tecnologia completa di Ottimizzazione dell'Offerta con SabreMosaic™. Questo accordo strategico posiziona Riyadh Air come la prima compagnia aerea a operare con tecnologia basata su offerte e ordini in tutto il suo spettro di vendita al dettaglio quando inizierà le operazioni nel 2025.

La compagnia aerea utilizzerà SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ e Upgrade IQ per generare e gestire offerte dinamiche. Inoltre, Riyadh Air utilizzerà SabreMosaic Continuous Revenue Optimizer per una vera ottimizzazione dei prezzi continuativa, diventando la prima compagnia aerea a livello globale a operare senza la tradizionale registrazione delle tariffe e delle classi di prenotazione nel canale diretto.

Questa partnership sfrutta Sabre Travel AI™ e il toolkit di intelligenza artificiale (IA) e apprendimento automatico (ML) di Google per migliorare la costruzione delle offerte con una segmentazione intelligente dei clienti e un bundling intelligente, consentendo a Riyadh Air di offrire opzioni di viaggio personalizzate e diversificate ottimizzando al contempo le entrate.

Riyadh Air, la nueva aerolínea de bandera de Arabia Saudita, se ha asociado con Sabre (NASDAQ: SABR) para adoptar la tecnología integral de Optimización de Ofertas SabreMosaic™. Este acuerdo estratégico posiciona a Riyadh Air como la primera aerolínea en operar con tecnología basada en ofertas y pedidos en todo su espectro minorista cuando comience operaciones en 2025.

La aerolínea desplegará SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ y Upgrade IQ para generar y gestionar ofertas dinámicas. Además, Riyadh Air utilizará SabreMosaic Continuous Revenue Optimizer para un verdadero precio continuo, convirtiéndose en la primera aerolínea a nivel mundial en operar sin el archivo tradicional de tarifas y clases de reserva en el canal directo.

Esta asociación aprovecha Sabre Travel AI™ y el kit de herramientas de Inteligencia Artificial (IA) y Aprendizaje Automático (ML) de Google para mejorar la construcción de ofertas con segmentación inteligente de clientes y agrupación inteligente, lo que permite a Riyadh Air ofrecer opciones de viaje personalizadas y diversas mientras optimiza los ingresos.

리야드 항공(Riyadh Air), 사우디아라비아의 최신 국적 항공사가 세이버(Sabre, NASDAQ: SABR)와 파트너십을 체결하여 세이버모자이크™ 제안 최적화 기술을 채택하게 되었습니다. 이 전략적 계약은 리야드 항공이 2025년에 운항을 시작할 때 제안 및 주문 기반 기술로 운영하는 첫 번째 항공사가 되는 위치를 점하고 있습니다.

항공사는 세이버모자이크 항공 요금 IQ, 부가 서비스 IQ, 번들 IQ 및 업그레이드 IQ를 배포하여 동적 제안을 생성하고 관리할 예정입니다. 추가로, 리야드 항공은 진정한 지속 가격 책정을 위해 세이버모자이크 지속 수익 최적화기를 사용할 예정이며, 이는 전 세계적으로 기존의 요금 신고 및 예약 클래스를 사용하지 않는 최초의 항공사가 되는 것입니다.

이 파트너십은 세이버 여행 AI™구글의 인공지능(AI) 및 머신러닝(ML) 툴킷을 활용하여 고객 세분화 및 지능적인 번들링으로 제안 구성 능력을 향상시키며, 리야드 항공이 개인화되고 다양한 여행 옵션을 제공하면서 수익을 최적화할 수 있게 해줍니다.

Riyadh Air, la nouvelle compagnie aérienne nationale d'Arabie saoudite, s'est associée à Sabre (NASDAQ: SABR) pour adopter une technologie complète d'Optimisation d'Offre SabreMosaic™. Cet accord stratégique positionne Riyadh Air comme la première compagnie à opérer sur une technologie basée sur des offres et des commandes dans l'ensemble de son secteur de vente au détail lors de son lancement opérationnel en 2025.

La compagnie aérienne déploiera SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ et Upgrade IQ pour générer et gérer des offres dynamiques. De plus, Riyadh Air utilisera SabreMosaic Continuous Revenue Optimizer pour une véritable tarification continue, devenant ainsi la première compagnie aérienne au monde à opérer sans l'archivage traditionnel des tarifs et des classes de réservation dans le canal direct.

Ce partenariat tire parti de Sabre Travel AI™ et de l'outil d'intelligence artificielle (IA) et d'apprentissage automatique (ML) de Google pour améliorer la construction des offres avec une segmentation client intelligente et un bundling intelligent, permettant à Riyadh Air de fournir des options de voyage personnalisées et diverses tout en optimisant les revenus.

Riyadh Air, die neueste Flagge-Luftlinie Saudi-Arabiens, hat sich mit Sabre (NASDAQ: SABR) zusammengetan, um die umfassende SabreMosaic™ Angebot-Optimierungstechnologie zu übernehmen. Dieses strategische Abkommen positioniert Riyadh Air als die erste Fluggesellschaft, die auf Angebot- und Bestelltechnologie in ihrem gesamten Einzelhandelsspektrum operiert, wenn sie 2025 den Betrieb aufnimmt.

Die Fluggesellschaft wird SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ und Upgrade IQ einsetzen, um dynamische Angebote zu erstellen und zu verwalten. Darüber hinaus wird Riyadh Air SabreMosaic Continuous Revenue Optimizer für eine echte kontinuierliche Preisgestaltung verwenden, wodurch sie die erste Fluggesellschaft weltweit wird, die ohne traditionelle Tarife und Buchungsklassen im direkten Kanal operiert.

Diese Partnerschaft nutzt Sabre Travel AI™ und googles Künstliche Intelligenz (KI) und Machine Learning (ML) Toolkit, um die Angebotserstellung mit intelligenter Kunden-Segmentierung und intelligentem Bundling zu verbessern, was Riyadh Air ermöglicht, personalisierte und vielfältige Reiseoptionen anzubieten und gleichzeitig die Einnahmen zu optimieren.

Positive
  • Riyadh Air becomes the first airline to operate entirely on offer- and order-based technology
  • Implementation of SabreMosaic Continuous Revenue Optimizer for true continuous pricing
  • Utilization of Sabre Travel AI™ and Google's AI/ML toolkit for enhanced offer construction
  • Potential for increased revenue through personalized and dynamic offers
Negative
  • None.

Insights

Riyadh Air's adoption of SabreMosaic™ Offer Optimization technology marks a significant leap in airline retailing. This partnership positions Riyadh Air as a pioneer in the industry, being the first to operate entirely on offer- and order-based technology from day one. The implementation of AI-powered solutions like Air Price IQ, Ancillary IQ, Bundle IQ and Upgrade IQ will enable dynamic offer generation and management, potentially revolutionizing the airline's ability to create personalized, revenue-optimizing offers.

The deployment of Continuous Revenue Optimizer for true continuous pricing, without traditional fare filing and booking classes in the direct channel, is particularly groundbreaking. This move could significantly enhance Riyadh Air's competitive edge in a crowded market, allowing for more flexible and responsive pricing strategies.

For Sabre, this partnership serves as a high-profile showcase for their SabreMosaic platform, potentially accelerating the industry's transition towards offer- and order-based systems. The collaboration with Google's AI and ML toolkit further solidifies Sabre's position at the forefront of travel technology innovation.

Saudi Arabia's newest flagship airline will deploy Sabre's AI-powered solutions at the forefront of the industry's transition to a more modern retailing approach

RIYADH, Saudi Arabia and SOUTHLAKE, Texas, Oct. 10, 2024 /PRNewswire/ -- Riyadh Air, poised to become one of the most forward-thinking airlines globally, has entered into a strategic agreement with Sabre Corporation (NASDAQ: SABR), a global leader in software and technology powering the travel industry. Through this partnership, Riyadh Air will adopt comprehensive SabreMosaic™ Offer Optimization technology that provides the intelligence to enable the airline's ambition to be the first carrier to operate on offer- and order-based technology across the entire retail spectrum from its first day of operations in 2025.

With a bold vision to create personalized offers across a broad range of customer touchpoints, Sabre and Riyadh Air are co-innovating in the realm of offer optimization to create industry-first technologies to fuel the future of airline retailing. Powered by Sabre Travel AI™ and utilizing Google's Artificial Intelligence (AI) and Machine Learning (ML) toolkit, this innovative approach enhances offer construction with smart customer segmentation and intelligent bundling – enabling Riyadh Air to unlock value and benefits from effective offer optimization capabilities.

As it begins operations in a highly competitive regional environment, Riyadh Air will deploy SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ, and Upgrade IQ to generate and manage dynamic offers. Riyadh Air will also deploy SabreMosaic Continuous Revenue Optimizer for true continuous pricing, making it the first airline in the world to operate without traditional fare filing and booking classes in the direct channel. This revolutionary technology enables Riyadh Air to offer diverse and customized travel options, delivering tailored experiences to customers while optimizing revenue.

"We are excited to partner with Riyadh Air as they become the first airline to operate entirely on offer- and order-based technology," said Darren Rickey, Senior Vice President, Global Airline Sales and Account Management, Sabre Travel Solutions. "Riyadh Air's forward-thinking approach and vision to be a digital-first airline align seamlessly with Sabre's commitment to leading the transformation of airline retailing. This partnership highlights our shared dedication to innovation as the industry moves towards a fully offer- and order-driven future."

Recognizing the need for a highly scalable and flexible retailing strategy, Riyadh Air chose Sabre due to its proven track record and ability to deliver modular technology within a broad and diverse IT ecosystem. This strategic move positions Riyadh Air at the forefront of the industry transition towards an offer- and order-based future, allowing the airline to provide innovative, personalized services to travelers.

"Partnering with Sabre has been instrumental in bringing our vision to life," said Vincent Coste, Chief Commercial Officer, Riyadh Air. "Their expertise, innovation, and commitment to excellence make them the ideal partner as we embark on this journey to become the first airline to operate on full offer and order technology. This collaboration ensures we are equipped to meet the evolving needs of our customers and to deliver a truly differentiated experience. Sabre's intelligent solutions act as the catalyst for our offer and order platform, and we are excited to continue working together to achieve our ambitious goals."

Earlier this year, Sabre introduced SabreMosaic, its revolutionary offer and order retailing platform for airlines that is powered by Google's industry-leading AI and Google Cloud architecture. SabreMosaic is built for flexibility and speed through a modular and open technology structure, enabling airlines to dynamically create, sell and deliver an array of personalized content to travelers. Sabre and Google continue to work together to bring industry-first applications of Generative AI to market, utilizing Google's proven frameworks for training and scaling these models.

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 Riyadh Air:
Riyadh Air's is a digitally native airline focused on achieving Kingdom's 2030 vision to lead the aviation industry and put Riyadh on global map as a destination and gateway to the Kingdom of Saudi Arabia. The establishment of Riyadh Air is in line with PIF's mandate to unlock the capabilities of key sectors locally to drive the diversification of Saudi Arabia's economy. The airline will also support the Saudi Aviation Strategy's broader vision, and enable the National Tourism Strategy, unlocking Saudi Arabia's cultural and natural attractions to international tourists and creating new jobs. 

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For more information, please contact:

Media Contacts:
Kristin Hays
Kristin.hays@sabre.com

Investors  
Brian Evans 
sabre.investorrelations@sabre.com

Sabre logo. (PRNewsFoto/Sabre) (PRNewsFoto/SABRE)

 

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SOURCE Sabre Corporation

FAQ

What technology is Riyadh Air adopting from Sabre (SABR)?

Riyadh Air is adopting Sabre's SabreMosaic™ Offer Optimization technology, including SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ, Upgrade IQ, and Continuous Revenue Optimizer.

When will Riyadh Air begin operations using Sabre's (SABR) technology?

Riyadh Air is set to begin operations in 2025, utilizing Sabre's offer- and order-based technology from its first day of operations.

How will Sabre's (SABR) technology benefit Riyadh Air's operations?

Sabre's technology will enable Riyadh Air to create personalized offers, operate without traditional fare filing and booking classes, and optimize revenue through dynamic pricing and intelligent bundling.

What makes Riyadh Air's partnership with Sabre (SABR) unique in the airline industry?

Riyadh Air will be the first airline globally to operate entirely on offer- and order-based technology across its entire retail spectrum, positioning it at the forefront of modern airline retailing.

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