Sabre (SABR), IAG Expand Relationship With New Distribution Deal

From Nasdaq Corporate Solutions:

Sabre Corporation has entered a multi-year distribution agreement with International Airlines Group to enhance travel retailing practices. Sabre-connected travel buyers and agencies will now have access to competitive NDC offers from IAG’s airlines. This partnership reflects a commitment to advancing airline retailing and personalized experiences for travelers.

IAG has joined 17 airlines to offer their NDC content in collaboration with Sabre. United Airlines and American Airlines have also renewed their partnerships, granting access to enhanced options through Sabre’s GDS. This marks a move toward stabilization for Sabre following the economic impact of the pandemic-led crisis.

United has introduced its NDC offers on Sabre’s GDS, while American Airlines’ NDC content is accessible through Sabre Red 360, Sabre APIs, and GetThere. Sabre Corporation has reported a significant increase in its revenues, signaling a recovery for the company since the global economic crisis.

While United and American Airlines carry a Zacks Rank #3 (Hold) and Sabre has a Zacks Rank #4 (Sell), NVIDIA Corporation holds a Zacks Rank #2 (Buy). NVIDIA’s earnings estimates have been revised upwards for fiscal 2024, and the company’s shares have seen a significant surge over the past year.

A recommended Zacks #1 Rank (Strong Buy) stock is NVIDIA Corporation, as its earnings have consistently beat the Zacks Consensus Estimate over the past four quarters. Zacks is also providing a bonus report that names this explosive growth stock and 4 other “must buys.”

(Source: Zacks Investment Research)



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