SOUTHLAKE, Texas–(BUSINESS WIRE)–July 19, 2006–Sabre Holdings (NYSE:TSG) today announced that Alaska Airlines (NYSE:ALK) has signed new five-year, full-content agreements with Sabre Travel Network and Travelocity.
Through the agreement with Sabre Travel Network, the full content of Alaska Airlines fares and inventory will be available to subscribers 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.
As part of the agreement, Alaska Airlines has become a participating carrier in Sabre’s recently announced Efficient Access Solution. The program is a balanced, multilateral approach that provides key long-term assurances and a broad set of protections, including full content and service fee protection, for travel agents in the U.S., Bermuda and the Caribbean.
In addition, Alaska Airlines will continue its full-content relationship with Travelocity.
“We are excited to strengthen our relationship with Alaska Airlines,” said Hugh Jones, chief operating officer, Sabre Travel Network. “This agreement fuels momentum for the Efficient Access Solution, and it reinforces the value of the efficient marketplace that Sabre and its agencies provide.”
“Alaska Airlines is pleased to continue our long-standing relationships with Sabre Travel Network and Travelocity,” said Steve Jarvis, vice president of sales and customer experience for Alaska Airlines. “We look forward to opening a new chapter in this relationship and providing maximum value to Sabre subscribers, including access to all fares.”
About Alaska Airlines
Alaska Airlines and sister carrier, Horizon Air, together serve 88 cities through an expansive network throughout Alaska, the Lower 48, Canada and Mexico. For reservations visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air newsroom at alaskaair.com/newsroom.
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 Continental 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 Travel Network, Southlake
Media Contacts
Kathryn Hayden, 682-605-2252
kathryn.hayden@sabre-holdings.com
or
Sabre Holdings, Southlake
IR Contact
Karen Fugate, 682-605-2343
karen.fugate@sabre-holdings.com
SOURCE: Sabre Holdings
