Company says deal will provide travel buyers with more and better choices >>
by: Harvey Chipkin
Sabre Corporation has informed the U.S. Department of Justice of its intent to complete the acquisition of Farelogix on Aug. 21, the deadline for the DOJ to block the transaction. Farelogix is an airline commerce technology company. Sean Menke, CEO of Sabre, said the deal will allow the company to provide airline and travel agency customers with more and better choices, all while continuing to offer and invest in Farelogix’s current suite of products and services. Sabre believes, according to an announcement, that the transaction will bring needed scale and investment to Farelogix and enable Sabre to accelerate the delivery of the industry’s first end-to-end NDC-enabled solution for the retailing, distribution and fulfillment of travel. Sabre has committed to its airline customers and to the DOJ that after the transaction it will continue to offer Farelogix products at the same prices available today or lower, and to support and invest in those products at the same level or higher.
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