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4-Traders Homepage  >  Equities  >  Nasdaq  >  Sabre Corp    SABR

Delayed Quote. Delayed  - 04/29 09:59:55 pm
28.95 USD   +0.07%
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Sabre : grows Airline Solutions portfolio with acquisition of Airpas Aviation

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04/28/2016 | 10:47pm CEST

By a News Reporter-Staff News Editor at Journal of Transportation -- Sabre Corporation (NASDAQ: SABR) announced its acquisition of Airpas Aviation, a leading provider of real-time route profitability and cost management solutions for the commercial airline industry.

Based in Braunschweig, Germany, Airpas Aviation is a proven leader in helping airlines improve profitability and better manage operational costs with solutions to calculate the cost of each flight, starting from the time the flight takes off through the aircraft landing at the destination. By analyzing the fluctuating operating costs of individual routes such as fuel costs, airport and navigation charges, ground operations, catering and crew expenses, carriers can adjust routes, aircraft and schedules during daily operations to optimize profitability. With the integration of Airpas Aviation's solutions into the Sabre portfolio, airline customers will benefit from the efficiency of a cohesive commercial planning solution and working with one provider that fully understands and helps meet their commercial planning needs. In addition, the acquisition will open the Airpas solutions to Sabre's global customer base.

Keywords for this news article include: Airlines, Aviation, Transportation, Sabre Corporation.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2016, NewsRx LLC

(c) 2016 NewsRx LLC, source Business Newsletters

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