Sabre Corporation | January 11, 2022
Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Aviatur, Colombia's leading travel agency and one of the largest in Latin America, announced a new multi-year preferred GDS agreement to support the agency's growth plans, transform its business, and increase efficiencies.
Throughout the pandemic, Aviatur has been focused on transforming its business with technology to continue innovating in its well-implemented omnichannel retail strategy. Likewise, Sabre accelerated its own tech transformation in the past year to provide the level of personalization today's travelers want, as well as to meet changing demands within the travel industry's dynamic ecosystem.
"Aviatur has shown that it can reinvent itself as the market needs change. We believe our own technology transformation –one of our priorities—and finding the right partners to go along this path will play a key role in the agency's future. We are confident Sabre is the right technology partner to help us transform our business as we look into the future of travel,"
-Samy Bessudo, Chief Executive Officer at Aviatur.
Aviatur has always recognized Colombia as a key travel market in Latin America, and our business transformation as well as investment plans to grow long term are a priority for the board, added Jean Claude Bessudo, President, Aviatur Group.
Bogotá-based Aviatur has been one of Latin America's largest travel agencies for over 60 years, consolidating itself as a group with different business units and leveraging its leadership position in different markets such as leisure, online, corporate, consolidation, and consortia. With 130 travel agencies in 23 Colombian cities and a presence in La Habana (Cuba), Panama City, Paris and Miami, Aviatur enjoys a successful omnichannel retail strategy, specializing in tailor-made programs.
"We are excited to support all of Aviatur's business units with their solid omnichannel retail strategy in a key market like Colombia,"
-Esteban Velásquez, VP Sales & Customer Management – Agencies, Latin America & the Caribbean, Sabre Travel Solutions.
After months of fruitful dialogue that proved Sabre's unparalleled value to the Aviatur Group, we are thrilled to strengthen our relationship and become Aviatur's preferred GDS partner long term. This new strategic agreement is a testament to Sabre's valuable solutions and its commitment to create a new marketplace for personalized travel,"added José Guzmán, Regional Director, Agency Sales, for the region that includes Colombia, Perú, Ecuador, and Venezuela – Sabre Travel Solutions.
This new 11-year GDS agreement with Aviatur Travel Agency will help propel their future in the travel & tourism, technology and hospitality industries. Aviatur Group recently launched Avia Tecnología –its IT solutions business-- and Avia Soluciones Hoteleras, which successfully deployed the Sabre SynXis CRS platform in 2021 to support its growth plans in the hospitality industry.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform managers more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
About Acerca de Aviatur
Aviatur Travel Agency, one of the companies of the Aviatur Group, has 65 years in the market. Through its offices throughout the country and its different digital channels, it offers travelers a wide range of tourist plans, cruises, tickets, experiences, car rentals, bus tickets, assistance cards and corporate trips. It also has specialized departments for the management of congresses and events, incentive trips, transport, student tourism, religious tourism, ecological tourism, and luxury tourism.
Amadeus | March 01, 2021
Amadeus and Microsoft today report a worldwide key association that will tackle cloud innovation to improve and investigate new items and arrangements and make smoother travel encounters later on.
The organization will consolidate Microsoft trusted, secure cloud stages and industry-driving joint effort and endeavor advancements with Amadeus' demonstrated skill and development in movement innovation.
Groups from both Microsoft and Amadeus will team up to empower quicker conveyance of new cloud-based arrangements, prompting more consistent travel encounters, for instance in the aircrafts and neighborliness organizations. The two organizations will use the full estimation of Azure and Microsoft's answers (Microsoft Teams, Microsoft 365, Dynamics 365 and Microsoft Power Platform) to convey all the more remarkable and modern end-client encounters and make custom arrangements customized to the exact necessities of the movement business. Starting endeavors are required to zero in on building up more integrated business travel travels and empowering nearer coordinated effort between travel and wellbeing specialists.
“Advances in digital technology are rapidly redefining every aspect of work and life, including how we travel,” said Satya Nadella, CEO, Microsoft. “Together with Amadeus, we will apply the power of Azure and its AI capabilities to create new frictionless experiences for travelers worldwide and reimagine the travel industry going forward.”
Travelport | September 17, 2020
Travelport Worldwide Limited ("Travelport" or the "Company"), a leading travel technology company, today announced that it has reached an agreement with the Steering Committee of the Ad Hoc Group of Lenders (the "Ad Hoc Group") to effectuate certain financing open market purchase and exchange transactions, pursuant to which, among other things, the Company's existing lenders will provide $500 million in new funding to the Company and the parties will release all related litigation and claims against one another. The financing open market purchase and exchange transactions will be open to all lenders on a pro rata basis. The transactions are expected to close by September 24, 2020, and have been backstopped by certain members of the Ad Hoc Group and affiliates of the Company's existing equity owners, Siris Capital Group, LLC ("Siris") and Evergreen Coast Capital Corp. ("Evergreen"), the private equity affiliate of Elliott Management Corporation ("Elliott").