Sabre Travel Network's Efficient Access Solution Nears 100% Agency Participation, Eight U.S. Carriers Now Included; Balanced Ap
September 07 2006 - 8:36AM
Business Wire
Sabre Travel Network today announced that close to 100 percent of
Sabre Connected North American travel agencies are participating in
its Efficient Access Solution (EAS) program. And with the
commitment of American Airlines - announced last week - eight US
carriers have now joined the program, all with long-term contracts
that ensure EAS agencies will have full travel content and other
benefits. With eight carriers under five- to seven-year contracts
and with close to 100 percent of the agencies participating in EAS,
Sabre Travel Network remains on track for strong and predictable
cash flows and operating margins for the foreseeable future. In
addition to offering agencies full travel content, EAS provides the
best terms available for non-discriminatory access and protection
from service fees from participating airlines. It also sets the
stage for the next phase of Sabre's Efficient Marketplace, as the
foundation for end-to-end solutions that bring together travel
reservations and client management tools, training resources, and
community interaction into easily configurable and innovative new
options to manage and grow business for corporate and leisure
agencies. "The EAS program has clearly taken hold, and that's an
all-around win for the travel industry," said Tom Klein, group
president, Sabre Travel Network and Sabre Airline Solutions.
"Agents, suppliers, corporations, global distribution providers,
even travelers themselves are now in a position of strength and
stability to get back to the business of providing and enjoying the
benefits of a balanced and complete travel distribution marketplace
where opportunities for business success and ultimate travel
flexibility are assured." Scott Booth, vice president of
distribution strategies, Tzell Travel Group said: "As a top five
ranked U.S. travel management corporation, Tzell must have full
content access, and we need to avoid the extra costs associated
with airlines' imposed booking fees. We applaud Sabre for being a
travel agency advocate and leading the industry with the Efficient
Access Solution in order to provide agents with the tools to
succeed in the changing marketplace." Participants in the EAS
program cover every size US agency - both online and offline
agencies - specializing in both corporate and leisure business. In
addition to American Airlines, the EAS program carriers include
United Airlines, Delta Air Lines, Northwest Airlines, Continental
Airlines, US Airways, Alaska Airlines and Air Tran Airways. "The
overwhelming agency support for this program is a confirmation of
our long-time agency advocacy and the solid benefits of the
Efficient Access Solution," Klein continued. "We also applaud the
eight carriers participating in our EAS program for their long-term
commitments to access to full content." Since the introduction of
the EAS program, Sabre has provided additional information on the
enhanced portfolios for the corporate and leisure marketplace. In
July, Sabre previewed its new end-to-end offering that builds for
the corporate market at the National Business Travel Association
International Convention and Exhibition in Chicago. Next week, the
company will showcase its comprehensive portfolio for the leisure
marketplace as part of the American Society of Travel Agents'
Travel Retail and Destination Expo in Orlando. 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 revenue or cashflow expected
from agreements with airlines, or levels of travel agency
participation in the Efficient Access Solution program, 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 or travel agency 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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