SINGAPORE, Jan. 8, 2019 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), the leading technology provider to the
global travel industry, today announced a new, long-term
distribution agreement with Cambodia Airways. While considered a
relatively new entrant to the market, operating since July 2018, the airline has ambitious plans and
aims to quickly transform into a major regional carrier.
"By selecting Sabre as our first distribution partner, we are
confident that we are well-positioned to execute our expansion
plan, both domestically and across Southeast Asia. Sabre is, without a doubt, the
strategic ally that will allow us to achieve our business
objectives as we shift our focus towards developing new routes and
markets," said Kevin Fu, chief
financial officer, Cambodia Airways.
In line with the rapid development of the country's tourism
industry, Cambodia Airways is eager to pursue its growth trajectory
and begin operating routes to China and Hong
Kong. With concrete plans to bolster its fleet with up to 30
aircrafts within the next five years, the airline also expects to
expand its intercontinental routes beyond Asia. The long-term partnership agreement with
Sabre will be instrumental as the carrier focuses on enhancing
their presence in key destinations, including Australia and Europe.
"Sabre is pleased to contribute to Cambodia Airways' ongoing
business achievements. By joining Sabre's rich global travel
marketplace, the full-service carrier will now be connected to over
425,000 agents globally, expanding the airline's reach to travel
buyers around the world. Sabre will partner with and actively
support Cambodia Airways as they move into the next phase of their
strategic growth plan," said Rakesh
Narayanan, vice president, air line of business, Sabre
Travel Network Asia Pacific.
About Sabre Corporation
Sabre Corporation is the leading technology provider to the
global travel industry. Sabre's software, data, mobile and
distribution solutions are used by hundreds of airlines and
thousands of hotel properties to manage critical operations,
including passenger and guest reservations, revenue management,
flight, network and crew management. Sabre also operates a leading
global travel marketplace, which processes more than US$120 billion of global travel spend annually by
connecting travel buyers and suppliers. Headquartered in
Southlake, Texas, USA, Sabre
serves customers in more than 160 countries around the world.
About Cambodia Airways
Cambodia Airways Co., Ltd. is the national flag carrier airline
of Cambodia. With a registration
capital of 200 million US dollars,
Cambodia Airways headquarters was founded in Phnom Penh. It is committed to building a
leading brand of Cambodian international carrier. Cambodia Airways
obtained the approval document from the Cambodian government in
August 2017 and completed the
business registration in September. On July
6, 2018, it officially obtained the AOC certificate with
IATA code KR. KR completed the first commercial flight between
Phnom Penh and Siem Reap on July 10,
2018. By December 2018,
Cambodian Airlines successfully operated six round-trip routes from
Siem Reap, Westport, Macau and Taiwan with Phnom
Penh as the center.
SABR-F
Media Contact
Maxime-Elisabeth
Illick
Sabre Public Relations – Asia
Pacific
Email: maxime.illick@sabre.com
Telephone: +65 6426 0088
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SOURCE Sabre Corporation