Southlake, Texas – Braunschweig – Hamburg – April, 2016 – Sabre Corporation (NASDAQ: SABR) announced its acquisition of Airpas Aviation, a leading provider of real-time route profitability and cost management solutions for the commercial airline industry.
Based in Braunschweig, Germany, Airpas Aviation is a proven leader in helping airlines improve profitability and better manage operational costs with solutions to calculate the cost of each flight, starting from the time the flight takes off through the aircraft landing at the destination. By analyzing the fluctuating operating costs of individual routes such as fuel costs, airport and navigation charges, ground operations, catering and crew expenses, carriers can adjust routes, aircraft and schedules during daily operations to optimize profitability. With the integration of Airpas Aviation’s solutions into the Sabre portfolio, airline customers will benefit from the efficiency of a cohesive commercial planning solution and working with one provider that fully understands and helps meet their commercial planning needs. In addition, the acquisition will open the Airpas solutions to Sabre’s global customer base. CatCap advised the shareholders of Airpas Aviation on their sale to Sabre Corporation.
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 $120 billion of estimated 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 CatCap CatCap and the international M[&]A network Globalscope offer integrated cross-border M[&]A consulting services for medium-sized transactions. CatCap – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. CatCap is based in Hamburg and Munich with 25 employees. Globalscope has 45 members in 37 countries with more than 500 professionals worldwide. For further information about CatCap, please visit www.carlsquare.com.