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