SOUTHLAKE, Texas, Oct. 21, 2020 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), the leading software and
technology company that powers the global travel industry, and Copa
Airlines, one of the leading airlines in Latin America, have signed a new long-term,
worldwide distribution agreement.
This new agreement ensures that Sabre will
continue to distribute Copa Airlines' content to hundreds of
thousands of travel agencies and thousands of corporations through
the Sabre travel marketplace (GDS), helping Copa to power future
revenue growth while reaching the market segments associated with
the GDS.
After being grounded for five months due to the closure of their
main hub in Panama City, Panama,
Copa Airlines restarted limited operations in August. The carrier
has been gradually adding flights, working to rebuild the vital
connectivity previously offered through its Hub of the Americas®,
located in Panama. As Copa expands the number of
destinations, it is essential to have a robust, wide-reaching
distribution solution that allows the airline to continue its
mission of connecting families, tourists, businesses, and
communities throughout the Americas.
"As we work to rebuild our international network and
intra-Americas connectivity, it is important to provide our
customers with a wide array of choices and booking flexibility,"
said Dennis Cary, Chief Commercial
Officer of Copa Airlines. "The Sabre GDS will help us rebuild our
network and achieve our revenue goals by promoting, personalizing
and selling our products through travel management companies,
corporate travel departments and travel agents around the
world."
Based in Panama, Copa has been
operating for more than 70 years, having established its signature
Hub of the Americas® as Latin
America's leading international connecting
gateway. Copa Airlines is among the nearly 400 global airlines
that use the Sabre GDS to reach the broadest audience to sell their
products and services.
"Sabre is thrilled to strengthen its long-standing partnership
with Copa Airlines. Through the Sabre GDS, Copa can leverage a wide
range of services to promote, personalize and sell its products,"
said Ana Maria Escobar, vice
president and general manager Latin
America & the Caribbean, Sabre Travel Solutions. "Sabre's
extensive travel marketplace will enable the agency community
access to Copa content, helping Copa increase sales revenue and
profitability."
The Sabre travel marketplace is instrumental in facilitating the
marketing, sale and servicing of airfares, hotel rooms, rental
cars, rail tickets and other types of travel to buyers around the
world who use it to shop, book and manage travel.
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.
About Copa Airlines
Copa Airlines, a subsidiary of Copa Holdings, is a leading
passenger and cargo airline in Latin
America. Operating continuously for more than 70 years, it
has established the Hub of the Americas in Panama City as the
continent's leading hub. Copa has one of the industry's youngest
and most modern fleets of Boeing 737-800 NG and Boeing 737 MAX9
aircraft, serving countries across North, Central, and South America and the Caribbean. The airline consistently delivers
on-time performance above 90%, among the best in the industry
worldwide. To plan your travel and manage your reservations,
securely buy tickets in seven currencies, use Web Check-in, print
boarding passes and find information about travel policies and
immigration requirements, visit www.copa.com.
SABR-F
Media Contacts:
Kristin
Hays
Kristin.hays@sabre.com
Heidi Castle
Heidi.castle@sabre.com
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SOURCE Sabre Corporation