Sabre Corp Stock Price, News & Analysis

Sabre Corporation (NASDAQ: SABR) and Air India have entered a new multi-year agreement allowing global travel sellers to access Air India fares and inventory via Sabre's Global Distribution System (GDS). This partnership coincides with Air India's ambitious expansion plans, following its historic order of 470 aircraft. The collaboration aims to optimize Air India's network and enhance its competitive position both domestically and internationally. The deal underscores Sabre's commitment to the Indian market and is expected to significantly improve Air India's service offerings. Air India content will be available on Sabre's platform starting May 4. The partnership includes consultancy services to develop a comprehensive and efficient scheduling and operational strategy.

On April 26, 2023, Sabre Corporation announced a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. The dividend is set to be paid on June 1, 2023 to shareholders on record as of May 15, 2023.

As a prominent player in the travel technology sector, Sabre provides solutions that facilitate operations, enhance revenue, and improve customer experiences for various travel industry stakeholders. The company's technology supports over $260B in global travel expenditures, serving clients in more than 160 countries globally.

Sabre Corporation (NASDAQ: SABR) announced a live webcast for its 2023 Annual Meeting of Stockholders on April 26, 2023, at 10:30 a.m. ET. Investors can access the event through the Investor Relations section of Sabre's website, with a replay available for 90 days. Additionally, a live webcast of the Q1 2023 earnings conference call is scheduled for May 4, 2023, at 10:00 a.m. ET, where management will discuss financial results and provide forward guidance. Sabre is a leading software and technology provider for the global travel industry, managing over $260 billion in annual travel spend and serving clients in over 160 countries.

Sabre Corporation (NASDAQ: SABR) has renewed its long-term distribution agreement with Thai Airways, enhancing its role as a key technology provider in the travel industry. This renewal allows Sabre-connected travel agencies to continue accessing Thai Airways’ content globally, ensuring the airline can effectively distribute fares and offers. Additionally, Thai Airways will utilize Sabre's data consultancy services to identify market recovery and growth opportunities as it resumes international flights. With Thailand exceeding tourist targets, especially from the Chinese market, the partnership is positioned to support Thai Airways’ recovery efforts. Sabre's expertise in booking data will assist the airline in navigating the post-pandemic landscape.

Sabre Corporation (NASDAQ: SABR) announced the integration of United Airlines' NDC content into its global distribution system (GDS), enabling travel buyers to access enhanced offers and services. This marks the launch of United's NDC offers, making it the 10th airline integrated with Sabre's NDC solutions, which are now available in over 70 countries. The Sabre Offer and Order APIs will facilitate dynamic pricing and personalized offers, enhancing the travel booking experience. This development aims to modernize travel retailing and distribution, offering agencies more descriptive information and improved booking capabilities. The technology underlying Sabre’s platform manages over $260 billion in global travel spend annually, connecting travel suppliers with buyers worldwide.

On April 4, 2023, Sabre Corporation (NASDAQ: SABR) announced the renewal of its global distribution agreement with Virgin Atlantic. This expanded agreement will enhance the content available to Sabre-connected agencies, allowing better access to Virgin Atlantic’s products. The partnership aims to elevate the airline's global distribution strategy and improve customer booking experiences. The deal underscores Sabre's commitment to technology development that supports retailing and distribution for travel suppliers and buyers. Sabre manages over $260B in global travel spend annually, serving clients in 160 countries.