Boston, MA 10/02/2014 (wallstreetpr) – Peruvian airlines pursuance of global reach in terms of travellers has seen it join Sabre Corp (NASDAQ:SABR)’s e-commerce platform. The signing of the multi-annual agreement will go a long way in popularizing the airline’s services, as well as fares, seat maps and schedules.
Connection with Travel Agents
Sabre Corp will give the airline an opportunity to connect with more than 400,000 travel agents across Latin America and other key global markets. Sabre Corp (NASDAQ:SABR) will also provide the airlines with full access to its technology and GDS-enabled solutions portfolio. Made up of Low Fare Search capabilities that can be used to support efficient merchandising of fares and inventory.
The two companies have already started working on the implementation of the technology pipeline with a view of providing content on the desktop, web and tablets for booking and shopping. The agreement is especially important to Peruvian airline, which has been pushing for commerce and distribution through partnerships with agencies and technology vendors.
Sabre Focused on Revenue Growth
Sabre solutions will help the airline leverage innovative technologies currently employed by most of the airlines globally. Sabre Corp (NASDAQ:SABR)’s expertise in the travel industry will also be helpful to the airline in merchandising products to better serve traders. Peruvian airlines remain is one of the fastest growing airline in Latin America that will benefit a great deal from the agreement that will make it available and accessible to many travel agents around the world.
Sabre has reiterated that its technology team is looking forward to working with Peruvian Airlines IT staff in bringing the agreement to full realization with a view of enhancing business growth through a broader reach of travellers across Latin America. Sabre Corp (NASDAQ:SABR) is hoping that such agreements will have an immediate impact on its earnings having reported a revenue of $718 million in the second quarter that was down by 7%. The company has been making impressive strides towards profitability after reducing its losses to $10.9 million from a high of $116.9 million a year ago.
