Sabre Boosts Earnings, Knocks Perceived Threats

Sabre Holdings executives today updated their commentary on perceived threats to Sabre's global distribution system and Travelocity businesses while discussing the company's improved year-over-year earnings and revenues. Sabre reported fourth-quarter net earnings of $21 million versus a $14 million loss a year earlier. Thanks largely to 30 percent higher revenues at Travelocity of $126 million, the company enjoyed 6 percent higher overall revenues of $496 million.