American Airlines and Sabre Holdings Issued the Following Joint Statement
FORT WORTH, Texas & SOUTHLAKE, Texas -- October 31, 2012
Sabre and American Airlines announce they have settled their disputes and have
renewed their current distribution agreementfor multiple years. American has
also agreed to negotiate with Sabre for additional technology services in the
future. As part of the settlement, American will receive a monetary payment
from Sabre. American will continue pursuingits direct connectinitiative.
Additional information will be announced at a later date. Terms of the
settlement and distribution agreements require review and approval by the
court presiding over AMR Corporation’s restructuring procedures.
Sabre Holdings is a global travel technology company, serving the world’s
largest industry – travel and tourism. We provide software to travel agencies,
corporations, travelers, airlines, hotels, car, rail, cruise and tour operator
companies through our four businesses: Sabre Airline Solutions, Sabre
Hospitality Solutions, Sabre Travel Network and Travelocity (including
lastminute.com and Zuji).
By delivering innovative travel technology, we make the world a better place.
Our innovative technology is used by more than a billion people around the
world to plan, book and get to their destination at a time and price that's
right for them. We work behind the scenes to make the world a better place,
one journey at a time.
Headquartered in Southlake, Texas, Sabre has approximately 10,000 employees in
60 countries around the world. It has large development and customer care
centers in the United States, Argentina, India, Philippines, Poland and
Uruguay. Sabre has won numerous awards for being a top employer and corporate
citizen in Argentina, Brazil, India, Mexico, Peru, Poland, and the United
States. Sabre is privately owned by Texas Pacific Group (TPG) and Silver Lake
Photos/Multimedia Gallery Available:
Media Relations, 817-967-1577
Nancy St. Pierre, 682-605-3864
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