The Vietnamese airline will continue to distribute offers in Saber’s vast global travel market, further strengthening the historic and valued relationship between the two companies.
SINGAPORE and Ha Noi, Vietnam, August 31, 2022 /PRNewswire/ — Saber Corporation (NASDAQ: SABR), a leading provider of software and technology powering the global travel industry, today announced an extended distribution agreement with Vietnamese flag carrier Vietnam Airlines. The new deal means that Vietnam Airlines will continue to distribute its content to the vast network of travel agents through Saber’s extensive travel marketplace.
The agreement further strengthens Saber’s presence in the Vietnam aviation market and the relationship between Saber and Vietnam Airlines. In addition to Saber’s Global Distribution System (GDS), the HanoiThe New York-based carrier also uses a full suite of SabreSonic Passenger Service System (PSS) technologies, including reservation and ticketing, inventory and departure control solutions. Vietnam Airlines also relies on Saber Revenue Optimizer to maximize revenue using near real-time network partner and comprehensive passenger revenue performance data, as well as other Saber solutions to enable the carrier to offer travelers a high-end personalized experience.
“The aviation industry has evolved rapidly in recent years, and we highly appreciate Saber’s extensive, robust and scalable technology solutions for bringing significant value to Vietnam Airlines. Saber’s robust global market has helped Vietnam Airlines efficiently reach travelers around the world following the easing of travel restrictions in Vietnam,” said Le Hong Ha, CEO, Vietnam Airlines. “We also appreciate Saber’s commitment to supporting the recovery and growth of Vietnam Airlines as well as the Vietnam the travel industry during and after the Covid-19 pandemic. Today, we are very pleased to reaffirm our long-standing partnership that our two companies have enjoyed for more than a decade, and look forward to further success in the future. »
The expanded distribution agreement between Saber and Vietnam Airlines was signed between Mr. Trinh Ngoc ThanhExecutive Vice President of Vietnam Airlines and Vice President, Regional General Manager of Saber, Asia PacificTravel Solutions Agency Sales, Mr. Rakesh Narayanan at the headquarters of Vietnam Airlines in Hanoi.
Operating to dozens of domestic and international destinations, Vietnam Airlines continues to scale up operations after the reopening of from vietnam borders to international travelers earlier this year. The carrier plays a key role in from vietnam aim to boost tourist arrivals to five million this year, including by attracting tourists from key markets including IndiaUnited States, Europe and the Middle East.
“The fact that we can be in Vietnam meeting our valued partners at Vietnam Airlines and signing this agreement in person is a testament to the strong recovery we are seeing across all sectors of the travel industry,” said Sean Menke, Chairman of the Board and Chief Executive Officer, Saber. “This agreement demonstrates our clear commitment to supporting the rapid recovery and future growth of the Vietnam the travel industry. We are delighted that Saber continues to bring significant value to Vietnam Airlines at this critical time for from vietnam aviation market and we look forward to continuing to enable the carrier to connect the world to some of the from Asia most exciting destinations.”
About Saber Corporation
Saber Corporation is a leading software and technology company powering the global travel industry, serving a wide range of travel businesses, including airlines, hoteliers, travel agencies and other suppliers. The company provides retail, distribution and fulfillment solutions that help its customers operate more efficiently, generate revenue and deliver personalized travel experiences. Through its leading travel marketplace, Saber connects travel suppliers with buyers around the world. Saber’s technology platform supports more than $260 billion value of worldwide travel expenditure annually. Based at southlake, Texas, United States, Saber serves customers in more than 160 countries around the world. For more information, visit www.sabre.com.
About Vietnam Airlines
Vietnam Airlines – a member of SkyTeam Alliance – is the flag carrier of Vietnam and the main carrier of South East Asia. Vietnam Airlines provides air transportation services on more than 100 routes to more than 20 domestic destinations and 30 international destinations. Operating a modern fleet of over 100 aircraft, Vietnam Airlines is the leading airline in Asia Pacific to simultaneously operate modern Boeing 787 and Airbus A350 widebody aircraft. Vietnam Airlines is very proud to offer its passengers constant punctuality, absolute safety and high quality services integrated with Vietnamese cultural identity. Vietnam Airlines has maintained Skytrax 4-star service quality for years and is gradually upgrading to 5-star standard.
SOURCE Saber Corporation