Technology

BIG WIN FOR AIRLINES: Sabre acquires Farelogix

Sabre has entered an agreement to acquire its old rival, Farelogix for $360 million marking the largest deal for airline distribution in recent years.

The travel tech provider said the acquisition will allow the company to accelerate delivery of its end-to-end NDC-enabling retailing, distribution and fulfilment solutions.

Based in Miami, Farelogix provides a suite of SaaS solutions that enables carriers to dynamically create, control, optimize and deliver personalized and differentiated offers across sales channels.

These airline-controlled retailing, merchandising and distribution capabilities complement Sabre’s existing retailing and merchandising solutions and future product roadmap.

“Farelogix’s investments in offer management and NDC order delivery will help us accelerate our plans to deliver future-ready retailing, distribution and fulfilment solutions that unlock increased value for the industry,” said Sean Menke, president & CEO of Sabre.

“By integrating Farelogix’s capabilities into Sabre’s leading airline technology platform, we’ll be able to offer the innovative and comprehensive solutions that airlines require, backed by best-in-class technology and the deep expertise that our teams bring to market.”

Sabre’s agreement to acquire Farelogix is the next step in its broader effort to become the preferred platform at the centre of the business of travel.

Among other innovations, Sabre recently launched its digital commercial airline platform with several carriers, delivering end-to-end personalized retailing capabilities to maximize revenue and create a differentiated brand experience.

Plus, through its Beyond NDC program, Sabre is partnering with a host of airlines and travel agencies to drive the industry forward through the design, development, integration and testing of end-to-end capabilities to process NDC-enabled offers and orders.

The acquisition and integration of Farelogix technology will help Sabre accelerate these innovation efforts.

At closing, Sabre will purchase Farelogix for approximately $360 million, funded by cash on hand and revolver borrowing. Farelogix expects full year 2018 revenue of approximately $40 million. The acquisition is expected to be neutral to Sabre’s 2019 Adjusted EPS.

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in late 2018 or early 2019. Until closing, Sabre and Farelogix will continue to operate as separate businesses with no immediate changes to daily operations.

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

You must be logged in to post a comment.

Hotels

Hotel wrap: Choice Asia-Pac’s new look, Accor Korea’s Sofitel in Seoul, Crown’s bad news + MORE!

Delightful, informative and neat around the edges – this is how to describe this week’s hotel wrap, and Travel Weekly’s reporter when he sucks in his love handles.

Share

CommentComments

Technology

Webjet boss lauds “outstanding” FY19, as full-year profit jumps 45 per cent

by Huntley Mitchell

There’s a whole lot of jumping going on over at Webjet HQ today, both in a financial and celebratory sense.

Share

CommentComments

Aviation

Air New Zealand’s profit plummets, interim CEO appointed

by Huntley Mitchell

Air New Zealand has posted a big drop in profit for the 2019 financial year, as well as providing an update on its hunt for a new boss.

Share

CommentComments

Destinations

German amusement park shuts down ‘swastika’ ride

by Christian Fleetwood

After reading this, you’ll wonder how in all of God’s grace a ride as potentially offensive as this one ever made it into production.

Share

CommentComments

Destinations

Dead Queensland uranium mine an Instagram hotspot for local tourists

Local tourists are flocking to this old mine for the perfect shot, thanks to its unnaturally blue and picturesque water.

Share

CommentComments

Aviation

Aerocare hits back at TWU over airport worker protest

It looks like things are heating up between the Transport Workers Union and a major employer of airport workers. You’re gonna want to get the popcorn ready for this one.

Share

CommentComments

Aviation

Qantas announces big Project Sunrise news, as full-year profit falls

by Huntley Mitchell

Qantas has cleverly masked its full-year profit drop with a bit of positive news about Project Sunrise.

Share

CommentComments

Travel Agents

“Soft” and “disappointing”: Flight Centre laments struggling Aussie leisure business

by Huntley Mitchell

Do you work at Flight Centre and find it hard to take criticism? If so, it might be best you skip reading this story.

Share

CommentComments

Wholesalers

TTC introduces new and improved loyalty program

ATTENTION LOYALTY PROGRAM JUNKIES! The Travel Corporation has introduced some new perks you’re going to want to take advantage of. Check them out right here.

Share

CommentComments

Road & Rail

Road & rail wrap: Europcar fined over credit card fees, Railway Adventures’ Sri Lanka initiative + MORE!

Toot toot, chugga chugga! It’s the road and rail wrap! Get amongst all the latest overland news and deals while we desperately try to avoid being sued by The Wiggles for using their trademark toots and chuggas.

Share

CommentComments

Destinations

Does Donald Trump really want to buy Greenland?

Apparently Donald Trump (aka POTUS) is interested in buying Greenland. Find out just how true (or untrue) the reports are here.

Share

CommentComments

Events

Technology

“It has given our business a new element of trust”: Experience Oz on winning at last year’s travel awards

With the entry deadline for the The Travel Awards 2019 closing soon, we thought we’d give you a little inspiration in the way of an interview with one of last year’s winners.

Share

CommentComments