- Sabre Corp SABR inked a new multi-year deal with a low-cost Chilean airline, SKY Airline, for undisclosed terms.
- As per the agreement, the airline will expand its distributed content through the Sabre GDS and migrate to the SabreSonic passenger service system (PSS).
- "SKY is an important and rapidly growing airline in the region. We are pleased to expand our relationship with this key customer on both distribution and their core IT solutions," said Roshan Mendis, Sabre Travel Solutions Chief Commercial Officer.
- Last week, Sabre disclosed a long-term technology renewal deal with South East Travels, one of the biggest travel agencies in Taiwan.
- Also read: Sabre's $200M Cost Reduction Will Help Bridge The Gap To '25 Guidance, Says Analyst
- Price Action: SABR shares are trading higher by 9.4% at $3.54 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in