Indonesia's
national flag carrier has selected Sabre Fares Manager, Contract
Manager and Fares Optimizer to improve revenue opportunities
through intelligent pricing recommendations
SINGAPORE and JAKARTA, Indonesia, Dec. 16,
2024 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), a leading software and
technology provider that powers the global travel industry, today
announced a new agreement with Garuda Indonesia. The airline will
use fare management solutions from Sabre to enhance its pricing
management capabilities, streamline operations, and reinforce its
competitive positioning. By adopting Sabre's advanced solutions,
Garuda Indonesia aims to support its broader transformation
strategy and address critical challenges in fare management.
"We're thrilled to welcome Garuda Indonesia to the growing list
of airlines that trust Sabre's proven fare management solutions,"
said Rakesh Narayanan, Vice
President, Regional General Manager, Asia
Pacific, Travel Solutions Airline Sales. "The addition of
Garuda Indonesia to our airline partner portfolio, alongside other
recent signings, is a clear indication of the market's confidence
in our advanced fares optimization technology. Sabre's Fares
Manager, Contract Manager, and Fares Optimizer will play a
pivotal role in helping Garuda Indonesia navigate market
complexities and achieve its revenue goals."
Taken in combination, Sabre Fares Manager, Contract Manager, and
Fares Optimizer are designed to tackle industry challenges head-on,
enabling airlines to:
- Reduce revenue leakage by automating fare management process
and ensuring revenue opportunities are captured;
- Implement optimal pricing strategies through the use of
advanced analytics and real-time insights, enabling airlines to
develop and execute strategies that respond dynamically to market
changes, demand fluctuations and competitive pressures;
- Enhance agility in a dynamic market, ensuring airlines can
remain competitive and aligned with customer demand:
- Have integrated end-to-end automation and advanced intelligence
to proactively adjust fares in real time
"This agreement with Sabre represents a significant step forward
in our ongoing efforts to optimize our operations and enhance our
competitive edge," said Muhamad
Yusuf, Product Development Group Head, Garuda Indonesia. "We
are confident that Sabre's innovative fare management solutions
will provide us with the tools we need to drive revenue growth,
improve pricing accuracy, and support our overall business
strategy."
Garuda Indonesia flies an
extensive domestic, regional, and international schedule, including
to Europe, the Middle East, and elsewhere in Asia Pacific. With this agreement, Garuda
Indonesia joins over 30 airlines globally that have entrusted Sabre
with their fare management needs.
About Sabre Corporation
Sabre Corporation is a software and technology company that takes
on the biggest opportunities and solves the most complex challenges
in travel. The Company connects travel suppliers and buyers around
the globe and across the ecosystem through innovative products and
next-generation technology solutions. 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, USA, Sabre
serves customers in more than 160 countries around the world. For
more information visit www.sabre.com.
About Garuda Indonesia
Presenting a new level of
service excellence in air travel, Garuda Indonesia, the national
airline of Indonesia, seamlessly
connects 60 destinations worldwide, including exotic locations in
the beautiful archipelago of Indonesia all at once. As a national flag
carrier, the airline proudly serves its passengers with the
award-winning distinct service "Garuda Indonesia Experience", which
highlights Indonesia's warm
hospitality and rich diverse culture. Garuda Indonesia group currently operates a total of
210 aircraft with an average age of less than five years, consist
of 142 fleets which operate by Garuda Indonesia, and 68 fleets
operate by Citilink as a Low-Cost Carrier. Through the
company's ongoing development program, in 2020 Garuda Indonesia has
received a number of international awards, including achieving the
5-Star On-Time Performance Rating 2020 from OAG Flightview, which
is an Independent On-Time Performance rating agency based in the
UK. For more information visit www.garuda-indonesia.com
SABR-F
Media Contacts:
Kristin Hays
Kristin.hays@sabre.com
Chandra Moyse
Chandra.moyse@sabre.com
Investors
Brian
Evans
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation