Sabre confirms appointment to develop 'transformation programme' for EgyptAir

Sabre confirmed (17-Dec-2014) it signed an agreement with EgyptAir to develop and implement a transformation programme for EgyptAir and EgyptAir Express. The programme is intended to increase revenue, improve efficiency and explore new sources of revenue by 2016. The airline aims to return to profitability by the end of FY2015/16 as part of a five-year transformation strategy. The programme will include a plan to improve financial performance; revenue management; network, fleet and crew planning; alliance partnerships; and fuel and maintenance strategies. [more - original PR]