--Vueling becomes the latest carrier to join Sabre's global
travel marketplace
SOUTHLAKE, Texas, July 2, 2014 /PRNewswire/ -- Sabre Corporation
(NASDAQ: SABR), a global technology provider to the travel and
tourism industry, has agreed a new multi-year distribution
agreement with International Airlines Group (IAG), one of the
world's largest airline groups, incorporating British Airways
Iberia, Iberia Express and Vueling.
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Under the newly expanded agreement, British Airways, Iberia and
Iberia Express will market and sell their airfares and ancillaries
through Sabre's global travel marketplace. The agreement also
includes European premium low-cost carrier, Vueling, which joins
Sabre's marketplace for the first time.
For travel agencies, the agreement provides the same, continued
access to British Airways, Iberia and Iberia Express' fares,
availability, schedules, and ancillary services such as bags and
seats. In addition, agents will now be able to shop and book
Vueling fares. "IAG is an important partner for Sabre and we are
pleased to strengthen our already long and successful relationship
with the introduction of Vueling to Sabre," said Greg Webb, president, Sabre Travel Network.
"Europe is a key growth region for
our company and we will continue to listen to the needs and support
the commercial goals of airlines and agencies in this region."
Silvia Cairo, IAG's Head of
Commercial Planning and Policy, said: "We are wholly committed to
supporting the travel agency channel and we are pleased to have
reached a multi-year agreement with Sabre. "We have a long standing
relationship with Sabre and look forward to working with Sabre
subscribers more closely in the coming years."
Sabre's travel marketplace plays an important role in
facilitating the marketing and sale of airfares, hotel rooms,
rental cars, rail tickets and other types of travel, to more than
400,000 travel agents and thousands of corporations who use it to
shop, book and manage travel. It is one of the world's largest
marketplaces, processing over $100
billion in estimated travel spend.
British Airways, Iberia, Iberia Express and Vueling join more
than 400 global carriers who participate in Sabre's travel
marketplace to market and sell their fares and inventory.
About Sabre
Sabre® is a leading technology
provider to the global travel and tourism industry. Sabre's
software, data, mobile and distribution solutions are used by
hundreds of airlines and thousands of hotel properties to manage
critical operations, such as passenger and guest reservations,
revenue management, and flight, network and crew management. Sabre
also operates a leading global travel marketplace, processing over
$100 billion of estimated travel
spend in 2013 by connecting travel suppliers to their most valued
customers, the business traveler. Headquartered in
Southlake, Texas, USA, Sabre
operates offices in approximately 60 countries around the
world.
About IAG
International Airlines Group is one of the
world's largest airline groups with 431 aircraft flying to 243
destinations and carrying 67.2 million passengers each year. It is
the third largest group in Europe
and the sixth largest in the world, based on revenue.
Formed in January 2011, IAG is the
parent company of British Airways, Iberia and Vueling. It is a
Spanish registered company with shares traded on the London Stock
Exchange and Spanish Stock Exchanges. The corporate head office for
IAG is in London, UK.
IAG combines the leading airlines in the UK and Spain, enabling them to enhance their presence
in the aviation market while retaining their individual brands and
current operations. The airlines' customers benefit from a larger
combined network for both passengers and cargo and a greater
ability to invest in new products and services through improved
financial robustness.
The airline industry is moving gradually towards consolidation
though some regulatory restrictions still prevail. IAG's mission is
to play its full role in future industry consolidation both on a
regional and global scale.
British Airways and Iberia are members of the oneworld
alliance.
Media Contact:
Nancy St.
Pierre
+1 682-605-3864
Nancy.st.pierre@sabre.com