SABRE BUYS AIRLINE RETAILING SOFTWARE PROVIDER RADIXX FOR US$110 MILLION

Founded in 1993, Orlando-based Radixx is a passenger service system (PSS) with Internet booking engine (IBE) specialising in low cost carrier (LCC) with a strong presence in Asia Pacific, Africa, South America and Europe. It helps airlines with operational procedures that include streamlining passenger processing. The company also offers merchandising capabilities, natively built into the PSS, which enable airlines to maximise their ancillary revenue by offering the streamlined sale of value-added services throughout all distribution channels. Radixx expects to generate US$20 million of revenue this year. As a combined portfolio, Sabre and Radixx will offer and comprehensive solutions for all segments of the market – from LCC to network carriers.