Sabre Corp. shares were slipping 1% although the company said on Tuesday it was selected by Pan Am World Airways Dominicana to serve as the airline’s leading technology provider.
The airline will leverage Sabre’s customer sales & service reservations system, its revenue optimizer and revenue integrity solutions as well as its market intelligence solution, allowing it to offer a reliable, efficient and profitable international air transport service. “The SabreSonic reservations system and other software will deliver new capabilities and flexible technology that will enhance our ability to provide the best possible customer experience,” Pan Am CEO Gary Stone said. “Sabre’s integrated product suite and strong IT expertise will help our airline meet the growing demand as we grow to other markets.”