SOUTHLAKE, Texas, May 27, 2020 /PRNewswire/ -- Sabre Corporation
(NASDAQ: SABR), the leading software and technology company
powering the global travel industry, today announced an expansion
of its long-standing relationship with Southwest Airlines.
One of the world's largest airlines, Southwest has extended its
use of Sabre's Intelligence Exchange and adopted Sabre's Proration
Engine. The power of these two Sabre solutions allows Southwest to
perform real-time proration of tickets delivering accurate revenue
data at a flight level.
"Given the current environment and pressure on the travel
industry, it is more important than ever for airlines to make quick
and data-informed decisions to maximize profitability," said
Cem Tanyel, president of Sabre
Airline Solutions. "We're proud to expand our relationship with
long-time customer Southwest Airlines and to deliver these two
game-changing solutions for them."
Sabre Intelligence Exchange is a flexible, scalable IT platform
designed to give a real-time, comprehensive view of traditionally
siloed data spanning across an entire airline integrating with
numerous internal and external data sources and platforms that
airlines depend on to conduct day-to-day business. Proration Engine
provides accurately prorated real-time segment-level and leg-level
data to downline applications, previously a very manual process
executed by revenue accounting teams.
"We are pleased to extend our strategic relationship with Sabre,
and our teams have worked well together to get this critical
project to the finish line," said Kathleen
Wayton, senior vice president and chief information officer
at Southwest Airlines. "We look forward to leveraging Sabre's data
solutions to further enhance our business."
Through Intelligence Exchange, Sabre has addressed one of the
airline industry's biggest challenges – how to gather, analyze and
take action on siloed data from across an airline's
operations. Solving this challenge drives immediate results
by enabling the airline to generate incremental revenue, reduce
costs and deliver a truly personalized experience to air
travelers.
About Sabre Corporation
Sabre Corporation is a
leading software and technology company that powers the global
travel industry, serving a wide range of travel companies including
airlines, hoteliers, travel agencies and other suppliers. The
company provides retailing, distribution and fulfilment solutions
that help its customers operate more efficiently, drive revenue and
offer personalized traveller experiences. Through its leading
travel marketplace, Sabre connects travel suppliers with buyers
from around the globe. Sabre's technology platform manages more
than $260B worth of global travel
spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers
in more than 160 countries around the world. For more information
visit www.sabre.com.
SABR-F
Media Contact: Heidi Castle, Sabre,
heidi.castle@sabre.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/southwest-airlines-implements-sabre-solutions-for-accurate-real-time-revenue-insights-301065871.html
SOURCE Sabre Corporation