Business
Virgin Australia expands long-term partnership with Sabre by deploying intelligent retailing solutions powered by Sabre Travel AI™
New agreement takes Virgin Australia's modern revenue management practices to the next level by harnessing the power of Sabre's AI-driven Retail Intelligence
About this update from Sabre Corporation
[{"type":"text","content":"New agreement takes Virgin Australia's modern revenue management practices to the next level by harnessing the power of Sabre's AI-driven Retail Intelligence suite. \nDeal includes Sabre and Virgin Australia's commitment to a long-term GDS distribution agreement \nSOUTHLAKE, Texas, Sept. 19, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has strengthened and expanded its relationship with Virgin Australia to allow the carrier to deliver improved retailing capability while supporting its growth objectives. Through Sabre's scalable, intelligent solutions, Virgin Australia will be able to create fares and offers alongside a future-focused distribution strategy to get those offers in front of the right buyers and travelers. \n\"We've had a strong and highly successful relationship with Virgin Australia for many years, so we're delighted to build on that foundation with this augmented agreement,\" said Roshan Mendis, Chief Commercial Officer, Sabre Travel Solutions. \"Adding this suite of solutions will enable Virgin Australia to step into the future of modern airline retailing and demonstrates that Sabre technology is the choice of ambitious, future-focused airlines.\" \nUnder the new strategic agreement, the carrier will deploy Sabre Air Price IQTM and Sabre Ancillary IQTM – two intelligent retailing solutions from its Retail Intelligence suite designed to help airlines increase traveler satisfaction and improve revenue management optimization. Powered by Sabre Travel AITM, these sophisticated solutions will enable Virgin Australia to use flight and market insights combined with advanced machine-learning models to move from static pricing rules to intelligent real-time airfare and ancillary offers. \nVirgin Australia and Sabre have also renewed their multi-year distribution agreement to ensure Sabre-connected travel agencies can continue to shop, book and service Virgin Australia's air and ancillary offers with speed and scalability. \n\"Virgin Australia guests sit at the heart of our business and it's essential that our technology partners, like Sabre, can support us in delivering value and choice to customers,\" said Dave Emerson, Chief Commercial Officer, Virgin Australia. \"Our deeper alliance with Sabre will enable us to create better of...