Lufthansa Offers Special Corporate Fares Through Travelocity Business

    SOUTHLAKE, Texas--(BUSINESS WIRE)--Aug. 30, 2004--

   Travelocity Business Program Continues to Deliver New Category of
   Fares Serving Unique Needs of Corporations and Business Travelers

Travelocity Business(SM), a full-service corporate travel agency, today announced an agreement with Lufthansa that gives corporations competitively significant discounts on fares for coach, business and first class flights. The agreement continues to expand Travelocity Business’ program offering lower cost options to corporate travelers with greater flexibility than discounted leisure fares and hotel rates. It also offers new opportunities for Travelocity Business customers with offices and activities overseas.

“In addition to being one of the world’s leading airlines, Lufthansa has proven to be a great choice for business travelers, with flat beds in Business Class, a comprehensive rewards program and a huge worldwide network,” said Scott Hyden, general manager of Travelocity Business. “This specially negotiated agreement brings all of these benefits to Travelocity Business customers at low rates and with all the flexibility business travelers require.”

Mathias Friess, Director of Sales, North America for Lufthansa, said “Travelocity Business has an excellent understanding of the unique needs of corporations and their travelers. Lufthansa is eager to welcome Travelocity Business customers onboard, where they can experience everything from all-business class, Executive Jet service to FlyNet — the first-ever, broadband Internet in-flight.”

Expanding Options for International Travelers

In January 2004, Travelocity Business announced a customer service center in Europe to serve the international offices of its multinational customers. At the time, it also announced a deal to secure discounts at thousands of hotel properties through Pegasus Solutions’ Utell Properties, which includes many properties outside of the United States. With the addition of Lufthansa and other international carriers, such as AeroMexico, Japan Airlines and Qantas, Travelocity Business continues to offer companies a new set of options to help manage the cost of international, as well as domestic, travel.

In addition to international options, and the highly discounted air, car and hotel deals from Travelocity(R), Travelocity Business has also announced that it has negotiated business travel discounts for all customers with a number of other travel suppliers including Frontier Airlines, Spirit Air, Best Western and Avis and Hertz.

About Travelocity Business

Travelocity Business(SM) is a full-service corporate travel agency that helps companies easily manage travel and reduce costs, while providing more choices to travelers. Travelocity Business combines the savings and convenience of online with the full service of dedicated agents available 24/7 who typically answer the phone in 20 seconds, and within 60 seconds guaranteed. Companies can cut travel costs through flight deals, Web fares, hotel discounts and service fee savings — representing an average savings of more than $100 per trip, including airfare savings averaging 26 percent per ticket and service fee savings of up to 82 percent.

Travelocity Business combines the expertise, service and travel choices of Travelocity with corporate experience gained from serving more than half of the Fortune 200. For more information, companies can visit www.travelocitybusiness.com.

About Travelocity

Travelocity’s industry-leading technology and straight-talking, honest information help travelers take more rewarding and affordable trips. With 44 million registered users and booking nearly $4 billion of travel in 2003, Travelocity negotiates thousands of low-priced deals with the world’s most reputable travel providers – top airlines, hotels, car rental companies, cruise lines, and other destination attractions and services. Additionally, Travelocity(R) offers deeply-discounted rates for weekend getaways and dynamic packages through its Last Minute Deals and TotalTrip(SM) shopping engines, and provides customer service support over the phone 24 hours a day. Based in Southlake, Texas, Travelocity powers international travel Web sites in eight languages, and has been recognized for its consumer advocacy and global leadership in online travel. More information about Travelocity is available at www.travelocity.com. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce. More information about Sabre Holdings is available at www.sabre-holdings.com.

About Lufthansa

From its Frankfurt and Munich hubs, Lufthansa provides one of the most extensive global networks of any major airline, serving 330 destinations in nearly 90 countries worldwide, including 16 U.S. gateways. For more information, visit www.lufthansa-usa.com.


    CONTACT: VOLLMER
             Mary Kate Smither, 972-488-4790
             marykate@vollmerpr.com
             or
             Chintan Talati, 972-488-4790
             chintan@vollmerpr.com

    SOURCE: Travelocity