Vietravel Airlines signs five-year renewal of Radixx Passenger Service System with Sabre
Rhea-AI Summary
Positive
- Five-year renewal demonstrates long-term commitment and stability in technology infrastructure
- Integration with T&T Group positions Vietravel Airlines as part of Vietnam's first conglomerate with both airport and airline assets
- Access to comprehensive suite of Radixx solutions enables operational efficiency and growth potential
- New Payment Gateway integration provides more flexible payment options for customers
Negative
- None.
News Market Reaction – SABR
In the trading session that priced this news, SABR gained 7.61%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
An extensive range of solutions from Sabre's Raddix suit will support Vietravel Airlines' future growth
Vietravel Airlines constitutes an integral component of the aviation and logistics ecosystem of T&T Group. This integration was solidified in December 2024 when T&T Group became a strategic shareholder of Vietravel Airlines, positioning T&T as the first conglomerate in
"Extending our partnership with Sabre is an important step as we move into the next phase of our journey," said Vu Dao Duc, CEO, Vietravel Airlines. "The Radixx platform has equipped us for scale, while enhancing the service experience for our passengers. As we continue to grow, we're confident Sabre's technology will continue to power our ambitions."
Sabre's Radixx PSS offers end-to-end retailing, passenger servicing, and operational capabilities. Vietravel Airlines will continue to use a comprehensive suite of Sabre's advanced Radixx technology, including:
- Radixx Res® – for core passenger services and retailing capabilities,
- Radixx EzyCommerce® – for a seamless, omni-channel digital experience,
- Radixx Go® – for efficient airport and departure control operations, and
- Radixx Insight® – for actionable analytics and decision-making support.
The technology allows Vietravel Airlines the option to add further loyalty and data capabilities as well as providing access to new markets through Global Distribution System (GDS) channels and interline/codeshare agreements with airline partners, bringing additional revenue opportunities. Vietravel Airlines also recently integrated Sabre's Payment Gateway into its Radixx PSS solution, enhancing its payment methods and providing a more flexible and diverse range of payment options for customers.
"This renewal is a testament to the strength and value of the Radixx platform," said Nico Stoman, Head of Radixx Sales and Account Management, Sabre. "We're proud to continue to support Vietravel Airlines with powerful, retail-driven solutions that scale with their ambitions. This agreement reflects their commitment to digital innovation and underscores Sabre's role in enabling next-generation carriers to deliver more dynamic, customer-focused experiences."
About Sabre Corporation
Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. 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 Vietravel Airlines
Vietravel Airlines officially commenced its inaugural commercial flight connecting
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Media Contacts:
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Cassidy.Smith-Broyles@sabre.com
Elizabeth Hands
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Investors
Brian Evans
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation