SOUTHLAKE, Texas–(BUSINESS WIRE)–June 20, 2006–Travelocity Business(SM) today announced that Lockheed Martin Corporation has signed a five-year agreement to use Travelocity Business as its global corporate travel management provider. Beginning in September, Travelocity Business will support Lockheed Martin’s global travel program that represents more than 80,000 frequent travelers worldwide.
The largest provider of IT services, systems integration and training to the U.S. government, Lockheed Martin is also well respected for setting forth new standards in business travel management, and in helping to shape the use of technology to streamline travel processes.
As part of the agreement, Travelocity Business will provide its full range of online and offline services to Lockheed Martin, including twenty-four hour agency support, online booking, automated fulfillment capabilities, and support services for VIP, international, and meetings-related travel. Lockheed Martin will also work with the Travelocity Business Consulting unit to explore opportunities to optimize its supplier programs.
“We are looking forward to working with Travelocity Business to provide Lockheed Martin travelers with the most efficient and effective travel experience possible,” said Richard Wooten, director of Corporate Travel Services for Lockheed Martin.
“Lockheed Martin has always been innovative in its approach to corporate travel management, and that makes them a perfect fit for Travelocity Business,” said Ellen Keszler, president of Corporate Solutions for Sabre Holdings Corporation. “We are thrilled to have the opportunity to work with Lockheed Martin to develop even more new ways to manage corporate travel that break the traditional mold.”
Headquartered in Bethesda, Md., Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacturing, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.
About Travelocity Business
Travelocity Business is a full-service corporate travel management company that helps companies easily manage travel and reduce costs, while providing more choices to travelers. Travelocity Business leverages its own innovative technology to streamline travel processes, and complements this with experienced corporate travel agents, strategic account managers and in-depth consulting services.
Travelocity Business combines the expertise, service and travel choices of Travelocity(R) with corporate experience gained from serving more than half of the Fortune 200 companies. For more information, companies can visit www.travelocitybusiness.com.
Sabre Holdings Corporation (NYSE:TSG) is a world leader in travel commerce, 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.
CONTACT: VOLLMER
Mary Kate Smither, 972-488-4790
marykate@vollmerpr.com
or
Travelocity Business
Noel Bilodeau, 415-932-1292
noel.bilodeau@travelocity.com
SOURCE: Travelocity Business
