Airline selects Sabre technology solutions to
complement and augment its Network Planning, Commercial and
Analytics processes
Riyadh Air is well positioned for future
operations as it signs agreements with world class suppliers and
moves towards its first flight in 2025
RIYADH, Saudi Arabia and
SOUTHLAKE, Texas,
Feb. 12,
2024 /PRNewswire/ -- Riyadh Air, the new
national airline of the Kingdom of Saudi
Arabia that's shaping the future of flying, announces a
fundamental collaboration with Sabre Corporation (NASDAQ: SABR), a
leading software and technology provider powering the global travel
industry. This strategic partnership underscores Riyadh Air's
commitment to enhancing operational efficiency and driving
incremental revenue gains through Sabre's end-to-end Network
Planning and Optimization solutions. Sabre Network Planning and
Optimization solutions empower collaborative and intelligent
decision-making, ensuring airlines can optimally design their
networks, accurately forecast demand, and profitably schedule and
allocate available capacity.
Under this groundbreaking deal, Riyadh Air has chosen Sabre's
comprehensive suite of solutions, including Sabre Schedule Manager,
Sabre Slot Manager, Sabre Profit Manager, and Sabre Market
Intelligence – Global Demand Data (GDD) to achieve its strategic
goals and drive its vision.
"Sabre's technology provides a new level of insight that will
enable Riyadh Air to make informed network planning and commercial
decisions, ensuring greater revenue returns, allowing us to invest
more in enhancing the overall passenger experience," said
Vincent Coste, Chief Commercial
Officer, Riyadh Air. "We have carefully selected a stable of world
class technical suppliers to power Riyadh Air towards its maiden
flight in 2025, and this collaboration is a key milestone in our
journey to achieve operational excellence and scale our business
efficiently."
Sabre Schedule Manager is an industry-leading scheduling
solution that increases aircraft utilization by optimizing the
schedule development process from planning to distribution, thereby
increasing revenue potential. This solution seamlessly integrates
with a wide range of third-party solutions and has globally
assisted airlines in achieving incremental operating margins and
increases in productivity, while maintaining robust and
operationally feasible schedules.
Sabre Slot Manager is another integral component of
Sabre's suite that automates the slot process and efficiently
manages an airline's critical slot portfolio with improved asset
utilization. It stands out as the industry's most comprehensive
slot management solution used by airlines operating with the most
complex slot portfolios at some of the most severely capacity
constrained airports worldwide.
Sabre Profit Manager accurately forecasts
demand and profitability with an average increase of up to 2% in
revenues. This empowers Riyadh Air to design profitable Network
Plans and create an optimal hub structure. Profit Manager
incorporates the industry's most robust partnership and alliance
modeling to pinpoint new revenue opportunities.
Sabre Market Intelligence - GDD connects Riyadh Air to
robust market data and provides advanced data analysis capabilities
across multiple areas, including Network Planning and Optimization.
It improves data efficiency, enabling Riyadh Air to identify new
revenue opportunities and increases competitive advantage with
robust booking, shopping and market data analysis for commercial
planning teams.
This strategic alliance between Riyadh Air and Sabre signifies a
commitment to leveraging cutting-edge technology for sustainable
growth, improved efficiency, and enhanced profitability.
"Sabre has a strong reputation for driving results through our
innovative solutions that enable airlines to respond swiftly to
competitor changes, identify new market opportunities, and optimize
flight times for incremental revenue gains," said Garry Wiseman, Chief Product and Technology
Officer, Sabre Travel Solutions. "Our end-to-end Network Planning
and Optimization suite has been a cornerstone of commercial
planning for over two decades, supporting brand differentiation and
operational excellence."
Sabre's Network Planning and Optimization solutions have a
proven track record of innovating and transforming commercial
planning, with more than 90 global customers, including prominent
airlines around the world. The suite addresses the end-to-end
planning and scheduling lifecycle, supporting airlines of all types
and sizes.
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 traveller
experiences. Through its leading travel marketplace, Sabre connects
travel suppliers with buyers from around the globe. Headquartered
in Southlake,
Texas, USA, Sabre serves customers
in more than 160 countries around the world. For more information
visit www.sabre.com.
About Riyadh Air
Riyadh Air's is a digitally
native airline focused on achieving Kingdom's 2030 vision to lead
the aviation industry and put Riyadh on global map as a destination and
gateway to the Kingdom of Saudi
Arabia. The establishment of Riyadh Air is in line
with PIF's mandate to unlock the capabilities of key
sectors locally to drive the diversification of Saudi Arabia's economy. The airline will also
support the Saudi Aviation Strategy's broader vision, and enable
the National Tourism Strategy, unlocking Saudi Arabia's cultural and natural
attractions to international tourists and creating new
jobs.
SABR-F
Sabre Contacts:
Media
Kristin
Hays
Kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investors
Brian
Roberts
sabre.investorrelations@sabre.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/riyadh-air-elevates-planning-efficiency-through-strategic-partnership-with-sabre-302059310.html
SOURCE Sabre Corporation