Sabre's March Net Bookings Go Negative As Cancellations Spike

Sabre's gross bookings in March fell 70 percent year over year, the culmination of declines that progressively deepened each month of the first quarter, according to a U.S. Securities and Exchange commission filing Monday. Sabre on Monday disclosed further measures to boost liquidity and cut costs, while reporting some preliminary results for the three months ending March 31.

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