SOUTHLAKE, Texas & FORT WORTH, Texas–(BUSINESS WIRE)–Sept. 1,
2006–Sabre Holdings (NYSE: TSG) and American Airlines (NYSE: AMR), a
founding member of the global oneworld(R) Alliance, today announced
that they have come to terms on a new five-year distribution
agreement. The agreement establishes Sabre Travel Network’s Efficient
Access Solution as a competitive distribution channel for American
Airlines ticket sales. American becomes one of Sabre’s Efficient
Access Solution carriers, providing travel agencies who participate in
the program the ability to shop, price and book travel on American
Airlines without incurring a booking source premium charge. The
agreement provides for full American Airlines content in the Sabre
GDS’s Efficient Access Solution program with no booking source premium
charged by the airline for agencies participating in the program.
About American Airlines
American Airlines is the world’s largest airline. American,
American Eagle and the AmericanConnection(R) airlines serve 250 cities
in over 40 countries with more than 4,000 daily flights. The combined
network fleet numbers more than 1,000 aircraft. American’s
award-winning Web site, AA.com, provides users with easy access to
check and book fares, plus personalized news, information and travel
offers. American Airlines is a founding member of the oneworld(R)
Alliance, which brings together some of the best and biggest names in
the airline business, enabling them to offer their customers more
services and benefits than any airline can provide on its own.
Together, its members serve more than 600 destinations in over 135
countries and territories. American Airlines, Inc. and American Eagle
Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines,
American Eagle, the AmericanConnection(R) airlines, AA.com and
AAdvantage are registered trademarks of American Airlines, Inc. (NYSE:
AMR)
AmericanAirlines(R) We know why you fly(sm)
Current AMR Corp. releases can be accessed on the Internet.
The address is http://www.aa.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 American Airlines
and Sabre Holdings Corporation’s 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.
CONTACT: Sabre Holdings
Media Contact:
Kathryn Hayden, 682-605-2252
kathryn.hayden@sabre-holdings.com
or
American Airlines
Media Contact:
Mary Sanderson, 817-967-1577
corp.comm@aa.com
or
Sabre Holdings
Investor Relations Contact:
Karen Fugate, 682-605-2343
karen.fugate@sabre-holdings.com
SOURCE: Sabre Holdings