2nd Jul 2014 14:29
LONDON (Alliance News) - International Consolidated Airlines Group Wednesday said it has agreed a new multi-year distribution agreement with travel and tourism technology provider Sabre Corporation.
Under the deal, IAG, the parent of British Airways and Spanish airlines Iberia and Vueling, will market and sell airfares and ancillary services such as bags and seats, for British Airways, Iberia, Iberia Express through Sabre's global travel marketplace.
"IAG is an important partner for Sabre and we are pleased to strengthen our already long and successful relationship with the introduction of Vueling to Sabre," said Greg Webb, President of Sabre Travel Network.
"Europe is a key growth region for our company and we will continue to listen to the needs and support the commercial goals of airlines and agencies in this region," Webb added.
Sabre's travel marketplace markets and sells airfares, hotel rooms, rental cars and rail tickets to more than 400,000 travel agents and thousands of corporations who use it to shop, book and manage travel.
IAG shares were down 1.7% at 366.81 pence Wednesday afternoon.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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