Sabre Holdings Signs New Five-Year, Full-Content Agreements with Alaska Airlines
July 19 2006 - 8:00AM
Business Wire
Sabre Holdings (NYSE:TSG) today announced that Alaska Airlines
(NYSE:ALK) has signed new five-year, full-content agreements with
Sabre Travel Network and Travelocity. Through the agreement with
Sabre Travel Network, the full content of Alaska Airlines fares and
inventory will be available to subscribers of the Sabre global
distribution system (GDS), including online and offline travel
agencies. This includes published fares that the airline sells
through any third-party Web site and through its own Web site and
reservation offices. As part of the agreement, Alaska Airlines has
become a participating carrier in Sabre's recently announced
Efficient Access Solution. The program is a balanced, multilateral
approach that provides key long-term assurances and a broad set of
protections, including full content and service fee protection, for
travel agents in the U.S., Bermuda and the Caribbean. In addition,
Alaska Airlines will continue its full-content relationship with
Travelocity. "We are excited to strengthen our relationship with
Alaska Airlines," said Hugh Jones, chief operating officer, Sabre
Travel Network. "This agreement fuels momentum for the Efficient
Access Solution, and it reinforces the value of the efficient
marketplace that Sabre and its agencies provide." "Alaska Airlines
is pleased to continue our long-standing relationships with Sabre
Travel Network and Travelocity," said Steve Jarvis, vice president
of sales and customer experience for Alaska Airlines. "We look
forward to opening a new chapter in this relationship and providing
maximum value to Sabre subscribers, including access to all fares."
About Alaska Airlines Alaska Airlines and sister carrier, Horizon
Air, together serve 88 cities through an expansive network
throughout Alaska, the Lower 48, Canada and Mexico. For
reservations visit alaskaair.com. For more news and information,
visit the Alaska Airlines/Horizon Air newsroom at
alaskaair.com/newsroom. About Sabre Travel Network Sabre Travel
Network, a Sabre Holdings company, provides access to the world's
leading global distribution system (GDS). The Sabre GDS is a
ready-built efficient marketplace that connects suppliers,
including hundreds of airlines and thousands of hotels, with more
than 50,000 travel agency locations. Suppliers get access through
one single connection; travel agents get real time access to
thousands of travel products from multiple suppliers through one
source integrated into their businesses; consumers get access to a
global supermarket of the world's greatest travel possibilities.
Key brands of Sabre Travel Network include GetThere, the leading
Web-based corporate travel reservation technology, and Jurni
Network, the unique leisure travel agency consortium in the United
States that enables members to sell more products from preferred
travel suppliers using sophisticated market intelligence. Sabre
Holdings (NYSE:TSG) connects people with the world's greatest
travel possibilities by retailing travel products and providing
distribution and technology solutions for the travel industry. More
information about Sabre Holdings is available at
http://www.sabre-holdings.com. Statements in this release which are
not purely historical facts or which necessarily depend upon future
events, including statements about the value expected from the
agreements with Continental Airlines and Sabre Holdings
Corporation's statements about anticipations, beliefs,
expectations, hopes, intentions or strategies for the future, may
be forward looking statements within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended. Readers are
cautioned not to place undue reliance on forward looking
statements. All forward looking statements are based upon
information available to Sabre Holdings Corporation on the date
this release was issued. Sabre Holdings Corporation undertakes no
obligation to publicly update or revise any forward looking
statements, whether as a result of new information, future events
or otherwise. Any forward looking statements involve risks and
uncertainties that could cause actual events or results to differ
materially from the events or results described in the forward
looking statements, including risks or uncertainties related to
Sabre Holdings Corporation revenues being subject to adverse
changes to our travel supplier relationships and potential
substantial decreases in travel transaction volumes. Sabre Holdings
Corporation may not succeed in addressing these and other risks.
Further information regarding factors that could affect our
financial and other results can be found in the risk factors
section of Sabre Holdings Corporation's most recent filing on Form
10-K with the Securities and Exchange Commission.
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