Sabre Fourth-Quarter GDS Bookings Rebound, Job Cuts Underway

Following a sluggish third quarter, Sabre reported that global distribution booking volume improved to close the year, and the company offered a mostly sunny outlook for booking trends in 2017. Sean Menke, addressing quarterly earnings for the first time since he became CEO in December, during an earnings call today touched on the US Airways verdict and a few strategic priorities, including system stability. The company's fourth-quarter earnings release also addressed job cuts underway.