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Benzinga
Benzinga
Business
Shivani Kumaresan

Sabre Expands Partnership With This Brisbane-Cased Carrier

SABR Sabre Virgin Australia Nasdaq Sabre Corp
  • Sabre Corp (NASDAQ:SABR) has expanded its business agreement with Virgin Australia to deploy its Dynamic Availability solution to help the airline enhance its operations.
  • Under the agreement, Virgin Australia will migrate to Sabre's Revenue Optimizer tool enabling a 360-approach to forecast, analyze, and optimize revenue streams.
  • This new deal is another step in Virgin Australia's technological advancement effort, following an earlier agreement with Sabre.
  • Dynamic Availability solution enables airlines to better control their pricing position by leveraging shopping data, automating fare changes, and enabling dynamic pricing capabilities.
  • Price Action: SABR shares are trading lower by 7.09% at $6.75 on the last check Tuesday.
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