Sabre Expands Distribution Agreement With Scandinavian Airlines
Portfolio Pulse from Shivani Kumaresan
Sabre Corporation (NASDAQ:SABR) has expanded its distribution agreement with Scandinavian Airlines (SAS). The agreement will allow Sabre-connected agencies to retain competitive access to SAS's fares and offers, and will also enable SAS to distribute future NDC content. The enhanced agreement is expected to support SAS's new distribution model. Sabre's shares are trading higher by 2.36% at $5.20.
August 21, 2023 | 3:06 pm
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Sabre Corporation has expanded its distribution agreement with Scandinavian Airlines, which is expected to support SAS's new distribution model. Sabre's shares are trading higher.
The expanded agreement with Scandinavian Airlines is a positive development for Sabre Corporation, as it will support SAS's new distribution model and potentially increase Sabre's revenues. This news has already positively impacted Sabre's stock price, which is up 2.36%.
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