SOUTHLAKE, Texas & CHICAGO–(BUSINESS WIRE)–April 21, 2006–Sabre Holdings (NYSE:TSG) and United Airlines (Nasdaq:UAUA) today announced that United has signed new five-year, full content agreements with Sabre Travel Network and Travelocity.
Through the agreement with Sabre Travel Network, all United published fares and inventory will be available for 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.
Concurrent with that agreement, United also signed a new five-year, full-content agreement with Travelocity, including a long-term contract with Site59, the pioneer of dynamic packaging for last minute online travel.
“These long-term agreements ensure that travelers will have efficient access to United’s travel products and services for years to come,” said Hugh Jones, chief operating officer, Sabre Travel Network. “It’s another opportunity to leverage the Sabre portfolio to help United market and sell its products through a highly efficient marketplace.”
“We are pleased that our customers will continue to have access to United’s products through Sabre and their broad agency base,” said Doug Leo, vice president, revenue management, United Airlines. “This agreement provides reliability, flexibility and attractive economics, all of which are integral parts of United’s distribution strategies.”
About United Airlines
United Airlines (Nasdaq:UAUA) operates more than 3,400 flights a day on United, United Express and Ted to more than 200 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United is also a founding member of Star Alliance, which provides connections for our customers to 790 destinations in 138 countries worldwide. United’s 57,000 employees reside in every U.S. state and in many countries around the world. News releases and other information about United can be found at the company’s Web site at united.com.
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 United Airlines, about Sabre Holdings Corporation’s forecasted financial performance or other 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.
Certain statements included in this press release are forward-looking and thus reflect United Airlines’ current expectations and beliefs with respect to certain current and future events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks and uncertainties (including risks and uncertainties set forth from time to time in United States Securities and Exchange Commission reports filed by United Airlines and its UAL Corporation, its parent company) relating to the operations and business environments of United Airlines that may cause actual results to differ materially from any future results expressed or implied in such forward-looking statements. Consequently, the forward-looking statements should not be regarded as representations or warranties by that such matters will be realized. United Airlines and UAL disclaim any intent or obligation to update or revise any of the forward-looking statements, whether in response to new information, unforeseen events, changed circumstances or otherwise.
CONTACT: Sabre Holdings Corporation, Southlake
IR Contact
Karen Fugate, 682-605-2343
karen.fugate@sabre-holdings.com
or
Sabre Travel Network, Southlake
Media Contacts
Kathryn Hayden, 682-605-2252
kathryn.hayden@sabre-holdings.com
or
United Airlines
Media Relations, 847-700-5538
SOURCE: Sabre Holdings Corporation
