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Sabre sees revenue improve, but still down 50% - Dallas Business Journal

Sabre sees revenue improve, but still down 50% - Dallas Business Journal
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Sabre Corp (SABR) Q1 2021 Earnings Call Transcript

Sabre Corp (SABR) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Sabre Corp (NASDAQ: SABR) Operator Good morning, and welcome to the Sabre First Quarter 2021 Earnings Conference Call. My name is Lashana, and I will be your operator. As a reminder, please note, today s call is being recorded. I will now turn the call over to the Vice President of Investor Relations, Kevin Crissey. Please go ahead, sir.SPONSORED: 10 stocks we like better than Sabre When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade,

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Sabre Says New Delta Contract Rewarding Extras Like More Legroom Is Model for Future

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Airline distribution is the largest business segment for Sabre, so new airline contract terms are a big deal for the travel technology company based in Southlake, Texas. Sabre said Tuesday that a multi-year distribution contract with Delta Air Lines that it announced on Monday has terms Sabre believes will be a model for its contracts with other large carriers. The Delta contract more explicitly links Sabre’s commission to the upselling of ancillaries, such as checked bags and more legroom.

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Sabre s Q1 is heavily impacted by Covid, but U S bookings look up: Travel Weekly

| The Covid-19 vaccine rollout in the U.S. is positively affecting booking trends, according to Sabre president and CEO Sean Menke. Speaking during the company s most recent financial earnings call on Tuesday morning, Menke said international markets have been slower to recover with slow vaccine rollouts and high daily case counts. But in North America, which accounted for 55% of Sabre s GDS bookings in 2019, things are looking better. Menke specifically pointed to daily vaccinations, which increased from around 1.7 million per day in February to 2.7 million per day in April. U.S. travel trends have picked up on this momentum, Menke said. Our North American gross air bookings, which reflect new demand, have recovered to nearly 50% of 2019 levels over the last two weeks of April.

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Sabre Announces New Nominees for Election to its Board of Directors

Sabre Announces New Nominees for Election to its Board of Directors
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