SOUTHLAKE, Texas & TEMPE, Ariz.–(BUSINESS WIRE)–Feb. 2, 2006–Sabre Holdings (NYSE:TSG) and US Airways (NYSE: LCC) today announced that US Airways, the nation’s largest full-service, low-cost airline, has signed a new five-year, full content agreement with Sabre Travel Network.
Through the agreement, all US Airways published fares and inventory, whether flown under the America West or US Airways brand, including Web fares, are guaranteed to be available for all users 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 the agreement, US Airways, the fifth largest domestic airline, also signed a new long-term full content deal with Travelocity, which includes the Travelocity Partner Network, Travelocity’s private label booking business, as its exclusive hotel content supplier for the US Airways Web site.
“This is a great opportunity to provide value across our portfolio to help US Airways market and sell its products long term. It’s a milestone for both companies,” said Hugh Jones, chief operating officer, Sabre Travel Network. “Our travel agents, corporate travelers and consumers will now have unprecedented access to all published fares offered by US Airways. This long-term agreement reflects the unique capabilities of Sabre’s efficient marketplace that provides a comprehensive, global and real-time electronic supermarket for the buying and selling of travel.”
“Signing this agreement with Sabre not only provides attractive economics to US Airways, but it also ensures our most loyal customers will have easy access to our low fares through the distribution channel most convenient for them,” remarked Scott Kirby, US Airways executive vice president, sales and marketing. “Many of our top business customers regard Sabre as the most convenient and comprehensive way to book their travel. We’re extremely pleased with the agreement as it allows these customers to continue booking on US Airways through their existing systems.”
About US Airways
US Airways and America West’s recent merger creates the fifth largest domestic airline employing 35,000 aviation professionals. US Airways, US Airways Shuttle and US Airways Express operate approximately 3,700 flights per day and serve more than 230 communities in the U.S., Canada, Europe, the Caribbean and Latin America.
About Sabre Holdings
Sabre Holdings connects people with the world’s greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. Sabre Holdings supports travelers, travel agents, corporations, government agencies and travel suppliers through its companies: Travelocity, Sabre Travel Network and Sabre Airline Solutions. Headquartered in Southlake, Texas, the company has approximately 9,000 employees in 45 countries. Full year 2004 revenues totaled $2.1 billion. Sabre Holdings, an S&P 500 company, is traded on the NYSE under the symbol TSG. More information 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 US Airways, 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 10Q with the Securities and Exchange Commission.
CONTACT: Sabre Holdings, Southlake
Media
Michael Berman, 682-605-2397
or
Sabre Holdings
Investor
Karen Fugate, 682-605-2343
or
US Airways
Media
Philip Gee, 480-693-3722
SOURCE: Sabre Holdings
