SOUTHLAKE, Texas, March 3, 2022 /PRNewswire/ -- Sabre
Corporation, a leading software and technology company in the
travel industry, today announced that it has terminated its
distribution agreement with Aeroflot, the largest
government-majority owned carrier in Russia. Sabre is taking immediate steps to
remove Aeroflot flight content from its global distribution system
(GDS), a marketplace used by travel agencies, travel websites and
corporations around the world to shop, book and service flight
reservations.
"Sabre has been monitoring the evolving situation in
Ukraine with increasing concern.
From the beginning, our primary focus has been the safety of our
team members in the impacted region, as well as doing our part to
support the much-needed relief efforts," said Sean Menke, CEO of Sabre. "We are taking a stand
against this military conflict. We are complying, and will continue
to comply, with sanctions imposed against Russia. In addition, today we announced that
Sabre has terminated its distribution agreement with Aeroflot,
removing its content from our GDS."
The Company will continue to monitor the ongoing situation and
will evaluate whether additional actions would be appropriate,
taking into account legal considerations and any counter measures
that could be implemented in response.
To help support humanitarian programs in the region, Sabre,
which has approximately 1,500 team members in Poland, has donated $1
million to the Polish Red Cross, a 100-year charity that
does exemplary work in conflict zones and for supporting displaced
people. The funds donated by Sabre will be used by the
Polish Red Cross to purchase, among other materials, much-needed
food, hygiene products and sleeping bags, and will support the
provision of medical assistance to those seeking shelter in
Poland.
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 traveler 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
Sabre Contacts:
Media
Kristin Hays,
Senior Vice President, Global Communications
kristin.hays@sabre.com
Heidi Castle, Senior Director,
Global Communications
heidi.castle@sabre.com
Investors
Kevin
Crissey, Vice President, Investor Relations
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation