Total bookings processed through the Sabre global distribution system rose nearly 8 percent year over year during the second quarter to 141 million. Sabre got a big boost from Australia-based Flight Centre, which in the past year finished converting GDS business in Australia and New Zealand from Travelport to Sabre.
Sabre expects its $360 million acquisition of Farelogix to close in the "mid part of the year," later than expected, as the U.S. Department of Justice takes a deeper look at the proposed transaction, Sabre president and CEO Sean Menke said Tuesday during the company's fourth-quarter financial results call.
Sabre announced a new organizational structure and the establishment of the Travel Solutions organization.
Total bookings processed via the Sabre global distribution system rose nearly 8 percent year over year during the third quarter to 140 million, the company reported Tuesday. Air bookings rose 8 percent to 123 million, while non-air bookings, including lodging and ground, rose 7 percent to 17 million.
Sabre will sunset Prism Group's Avion travel management software product at the end of the year.
Sabre reported strong bookings growth across its global distribution system business for the first three months of the year and expects the trend to continue through 2018. The GDS operator and travel IT company raised its full-year earnings, revenue and GDS booking volume forecast, lifted in part by what executives, during an earnings conference call, painted as a healthy travel industry backdrop.
Amadeus announced American Express Global Business Travel and Carlson Wagonlit Travel will pilot airline distribution in accordance with the International Air Transport Association's New Distribution Capability standard. The announcement came Wednesday, a day after competing distribution player Sabre announced its own NDC pilots with those two mega travel management companies.
Carlson Wagonlit Travel plans to roll out flight booking capabilities on its CWT To Go mobile app in the second half of the year, CEO Kurt Ekert said. Already, mobile flight booking is testing with clients in what Ekert called an "aggressive pilot phase."
More than three months after Air France-KLM introduced a surcharge on global distribution system bookings, Sabre and the airline group are at an impasse on reaching a private channel deal that would enable Sabre's agency subscribers selected by the airline group to book without fee.