{"id":801619,"date":"2025-01-16T09:11:19","date_gmt":"2025-01-16T14:11:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\/"},"modified":"2025-01-16T09:11:19","modified_gmt":"2025-01-16T14:11:19","slug":"hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\/","title":{"rendered":"Hainan Airlines selects Sabre’s fares optimization technology to maximize revenue from international sales"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n SINGAPORE<\/span> and\u00a0HAINAN, China<\/span><\/span>, Jan. 16, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Sabre Corporation<\/a>\u202f(NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new long-term agreement with\u00a0Hainan\u00a0Airlines. The carrier, which is one of the largest in China<\/span>, will use Sabre’s Fares Manager<\/a>\u00a0and Contract Manager to efficiently manage and optimize international fares, helping to ensure competitiveness in the global market.<\/p>\n

As a prominent Chinese airline, which has been awarded the SKYTRAX 5-Star Airline for 13 consecutive years since 2011,\u00a0Hainan\u00a0Airlines is expanding its international footprint. Sabre’s advanced technology will play a pivotal role in supporting these growth plans by enhancing the airline’s ability to monitor and adjust fares dynamically to maximize revenue opportunities.<\/p>\n

“As we resume routes and launch new ones, having the right fare structure across our global network is crucial to our growth strategy,” said Zhu Li<\/span>, General Manager of the International Department,\u00a0Hainan\u00a0Airlines Marketing Committee.\u00a0“We’re pleased to expand our partnership with Sabre, whose advanced technology solutions are supporting our growth strategy and helping us to effectively manage and optimize our fares. This collaboration is a key component of our commitment to providing competitive and high-quality value to our passengers worldwide.”<\/p>\n

Hainan\u00a0Airlines flies routes across China<\/span> and the world. \u00a0Established in 1993, it has recently taken delivery of new aircraft and added new routes to its network. Fares Manager will bring integrated end-to-end automation and intelligence to its pricing strategy across new, existing, and resumed routes.<\/p>\n

“We’re delighted to strengthen our relationship with\u00a0Hainan\u00a0Airlines with this new agreement,” said Rakesh Narayanan<\/span>, Vice President, Regional General Manager, Asia Pacific<\/span>, Travel Solutions, Airline Sales. “This partnership will enable\u00a0Hainan\u00a0Airlines to navigate the complexities of global fare structures with greater agility and precision, reinforcing our commitment to driving innovation and success through leading technology for our airline customers.”<\/p>\n

\n About Sabre Corporation<\/b>\u202f\u202f\u202f\u202f\u00a0<\/p>\n

Sabre Corporation is a software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. The Company connects travel suppliers and buyers around the globe and across the ecosystem through innovative products and next-generation technology solutions. Sabre harnesses speed, scale and insights to build tomorrow’s technology today \u2013 empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in\u202fSouthlake,\u202fTexas, USA<\/span>, Sabre serves customers in more than 160 countries around the world. For more information visit\u202fwww.sabre.com<\/a>.\u202f\u00a0<\/p>\n

\n About\u00a0Hainan\u00a0Airlines<\/b>\n <\/p>\n

Hainan Airlines Holding Co., Ltd. (hereafter referred to as “Hainan\u00a0Airlines”) was established in January, 1993 in\u00a0Hainan\u00a0Province, China’s<\/span> largest special economic zone and free trade port.\u00a0Hainan\u00a0Airlines is committed to providing passengers with comprehensive and seamless airline services and creating a safe and comfortable travel experience. In the first half of 2024,\u00a0Hainan\u00a0Airlines and its subsidiaries operated more than 1,400 domestic and international routes, including nearly 1,300 domestic routes, covering all provinces, autonomous regions and municipalities directly under the central government in the Chinese mainland, as well as 100 international and regional routes to 39 overseas cities, including scheduled passenger flights, passenger charter flights, and passenger-to-cargo flights, covering Asia<\/span>, Europe<\/span>, Africa<\/span>, North America<\/span> and Oceania regions.\u00a0Hainan\u00a0Airlines has also actively responded to The Belt and Road Initiative by focusing on building a world-class airline network.\u00a0Hainan\u00a0Airlines and its subsidiaries have established operational bases and branches in 22 cities including Haikou<\/span>, Beijing<\/span>, Guangzhou<\/span>, and Shenzhen<\/span>. From 1993 until now,\u00a0Hainan\u00a0Airlines has been operating safely for 31 years and maintains an excellent operational record. In February 2024,\u00a0Hainan\u00a0Airlines was awarded the “One Star Flight Safety Diamond Award” by the Civil Aviation Administration of China<\/span> for achieving 10 million consecutive hours of safe flight which is a great achievement.\u00a0Hainan\u00a0Airlines is the first and only SKYTRAX 5-Star airline in the Chinese Mainland, who has been awarded the SKYTRAX 5-Star Airline for 13 consecutive years since 2011.This honor is\u00a0Hainan\u00a0Airlines highest level of recognition for our outstanding service, and also represents praise from the passengers for our high quality services.<\/p>\n

\n SABR-F<\/b>\n <\/p>\n

\n Media Contacts: <\/b>\n <\/p>\n

\n Kristin Hays<\/span>
\n
\n Kristin.hays@sabre.com<\/a>\n <\/p>\n

Elizabeth Hands\u202f
Liz.Hands@sabre.com<\/a><\/p>\n

\n
\n Investors
<\/u>
\n <\/b>
\n
\n Brian Evans<\/span>
\n
\n <\/span>
\n sabre.investorrelations@sabre.com<\/a>\n <\/p>\n

\n

\n
\n \"Sabre
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales-302351537.html<\/a><\/p>\n

SOURCE Sabre Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SINGAPORE and\u00a0HAINAN, China, Jan. 16, 2025 \/PRNewswire\/ —\u00a0Sabre Corporation\u202f(NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new long-term agreement with\u00a0Hainan\u00a0Airlines. The carrier, which is one of the largest in China, will use Sabre’s Fares Manager\u00a0and Contract Manager to efficiently manage and optimize international fares, helping to ensure competitiveness in the global market. As a prominent Chinese airline, which has been awarded the SKYTRAX 5-Star Airline for 13 consecutive years since 2011,\u00a0Hainan\u00a0Airlines is expanding its international footprint. Sabre’s advanced technology will play a pivotal role in supporting these growth plans by enhancing the airline’s ability to monitor and adjust fares dynamically to maximize revenue opportunities. “As we resume routes and launch … <\/p>\n

Continue reading “Hainan Airlines selects Sabre’s fares optimization technology to maximize revenue from international sales”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801619","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHainan Airlines selects Sabre's fares optimization technology to maximize revenue from international sales - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hainan Airlines selects Sabre's fares optimization technology to maximize revenue from international sales - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SINGAPORE and\u00a0HAINAN, China, Jan. 16, 2025 \/PRNewswire\/ —\u00a0Sabre Corporation\u202f(NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new long-term agreement with\u00a0Hainan\u00a0Airlines. The carrier, which is one of the largest in China, will use Sabre’s Fares Manager\u00a0and Contract Manager to efficiently manage and optimize international fares, helping to ensure competitiveness in the global market. As a prominent Chinese airline, which has been awarded the SKYTRAX 5-Star Airline for 13 consecutive years since 2011,\u00a0Hainan\u00a0Airlines is expanding its international footprint. Sabre’s advanced technology will play a pivotal role in supporting these growth plans by enhancing the airline’s ability to monitor and adjust fares dynamically to maximize revenue opportunities. “As we resume routes and launch … Continue reading "Hainan Airlines selects Sabre’s fares optimization technology to maximize revenue from international sales"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-16T14:11:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/322180\/sabre_logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hainan Airlines selects Sabre’s fares optimization technology to maximize revenue from international sales\",\"datePublished\":\"2025-01-16T14:11:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/\"},\"wordCount\":715,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/322180\\\/sabre_logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hainan-airlines-selects-sabres-fares-optimization-technology-to-maximize-revenue-from-international-sales\\\/\",\"name\":\"Hainan Airlines selects Sabre's fares optimization technology to maximize revenue from international sales - 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