Sabre Corporation (NASDAQ: SABR), a software and technology provider that powers the global travel industry and Ethiopian Airlines, have renewed their long-term strategic partnership for another seven year with minimum commitment of USD 110 million.
Under the agreement, Ethiopian airlines will continue to use Sabre’s passenger service system, SabreSonic, enabling it to automate sales and service, helping it to maximize revenue opportunities and create efficient airport experiences for travelers.
Furthermore, Sabre’s Intelligence Exchange will help enhance the airline’s passenger experience through providing intelligent real-time insights to help make more informed business decisions.
Speaking on the partnership, Vice President EMEA, Sabre Travel Solutions, Dino Gelmetti stated: “Despite the effects of the pandemic, Ethiopian Airlines continues to be one of aviation’s greatest success stories. COVID-19 has accelerated airline competitive pressure and the need for digital transformation, and as Africa’s strongest carrier, Ethiopian Airlines was able to quickly adapt to the changing landscape, further strengthening its position as recovery gains momentum.”
The expanded agreement will also include Sabre’s Dynamic Availability– which will help Ethiopian airlines earn incremental revenue by enabling proactive response to ever-changing travel conditions with optimized pricing and Sabre’s Group Optimizer, which will help the carrier optimize the processes for managing group reservations, an area difficult for many airlines to streamline today. These solutions will provide the airline with competitive advantage by providing intelligent recommendations based on market demand and competition.
In his remarks, Group CEO, Ethiopian Airlines, Mr Tewolde Gebremariam said: “At Ethiopian, having robust and cutting-edge technology in place plays a key role in our success story. The pandemic created many unknowns in the travel industry, and Sabre’s intelligent technology will help us quickly understand and adapt to the new landscape.”
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