WARSAW, Poland and SOUTHLAKE, Texas, May
23, 2019 /PRNewswire/ -- Polish carrier LOT and Sabre
Corporation (NASDAQ: SABR), the leading technology provider to
the global travel industry, today announced the renewal of their
strategic partnership. This includes a wide-ranging distribution
agreement that ensures that hundreds of thousands of
Sabre-connected travel agents worldwide can easily search, compare
and sell LOT fares and offers through Sabre's travel marketplace;
and an upgrade to the newest version of Sabre AirCentre Flight Plan
Manager, a technology solution already employed at the airline to
reduce operational costs and increase efficiency.
![Rafał Milczarski (left), CEO of Polish carrier LOT, and Sean Menke, president and CEO of Sabre, met in a signing ceremony in Poland announcing the companies' new partnership. Rafał Milczarski (left), CEO of Polish carrier LOT, and Sean Menke, president and CEO of Sabre, met in a signing ceremony in Poland announcing the companies' new partnership.](https://mma.prnewswire.com/media/891998/LOT_CEO_Rafa__Milczarski_and_Sabre_CEO_Sean_Menke.jpg)
LOT is currently executing its ambitious 2020 profitable growth
strategy with the objective of becoming the leading airline in
Central Europe. The airline is
taking advantage of the dynamic air travel market in the region
that is growing at a significantly quicker pace than in other
European countries, taking targeted actions to develop a strong
network of connections, offset competition, boost effectiveness and
strengthen its team.
Sabre's technology will facilitate LOT's progress on this
successful path. The distribution agreement will ensure continued
access to Sabre's global travel marketplace, allowing the airline
to distribute its fares and offers to more than 425,000 travel
agents and thousands of corporations worldwide. The new,
industry-leading version of Sabre AirCentre Flight Plan Manager
will continue to help reduce operational costs with highly
optimized flight plans and a sophisticated 4-D cost optimization
approach. The technology solution will improve operational
efficiency with simplified workflows, electronic flight-plan
distribution, quicker communication and the ability to
automatically issue flight plans adhering to all legal regulations
and company policies.
"We've embarked on an aggressive growth journey and the right
technology plays a pivotal role in making our vision a reality,"
said Rafał Milczarski, LOT's CEO. "We are excited that we have
found a committed, congenial partner in Sabre, with whom we are
working hand-in-hand to increase our technological capabilities and
deliver an even better travel experience to our customers."
LOT's 2020 strategy, which was launched in 2016, is already
paying off. Since then, the carrier has added over 65 new routes,
including flights to Miami,
Los Angeles, Seoul and Singapore. Named the fastest-growing airline
in Europe by Flight Global, it
carried over 8.9 million passengers in 2018, which is more than
double the number carried just four years before. The Polish
carrier is consistently increasing the frequency of its flights and
is improving its offering to those destinations, thus strengthening
its position as the aviation industry leader in Central Europe. It operates long haul flights
with the Boeing 787 Dreamliner, one of the most advanced
wide body planes in the world. The Polish carrier celebrates its
90th anniversary in 2019.
The leadership teams of LOT and Sabre met this week to sign the
renewed agreements and discuss further areas of collaboration. The
occasion coincided with Sabre's announcement that the technology
company would move its global development center in Krakow to a
new, larger, upgraded facility that underscores its commitment to
Poland and broader Europe.
"We are very proud to partner with one of the most ambitious,
forward-thinking airlines in Europe," said Sabre's CEO, Sean Menke. "Thanks to a laser-focused strategy
and strong commitment throughout the organization, LOT has achieved
phenomenal success over the past three years. We are looking
forward to continuing our rewarding partnership and exploring new
ways to help LOT succeed further through the power of
technology."
About Sabre Corporation
Sabre Corporation is the
leading technology provider to the global travel industry. Sabre's
software, data, mobile and distribution solutions are used by
hundreds of airlines and thousands of hotel properties to manage
critical operations, including passenger and guest reservations,
revenue management, flight, network and crew management. Sabre also
operates a leading global travel marketplace, which processes more
than US$120 billion of global travel
spend annually by connecting travel buyers and suppliers.
Headquartered in Southlake, Texas,
USA, Sabre serves customers in more than 160 countries around the
world.
SABR-F
Media Contact:
Peter
Melcher
sabrenews@sabre.com
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SOURCE Sabre Corporation