US Airways and Sabre in spat over press release language
US Airways confirmed that it has signed multi-year agreements with Sabre and Travelocity, the company's online travel agency, but has taken exception to the language used by Sabre in the press release, continuing the ongoing war of words between US airlines and online travel distributors. US Airways stated it "disclaims any characterisations by Sabre of US Airways' views of Sabre, Travelocity, or US Airways' relationships with those companies".
- US Airways signs multi-year agreements with Sabre and Travelocity, but disputes the language used by Sabre in the press release.
- Ongoing conflict between US airlines and online travel distributors.
- US Airways disclaims any characterizations made by Sabre regarding their views on Sabre, Travelocity, or their relationships with those companies.
- Sabre highlights the value of its global distribution system and innovative leadership in helping airlines market and sell their products.
- Amadeus and Expedia experience positive trading, while World Fuel Services Corp gains 2.7%.
- Daily share price movements on March 3, 2011.
In its press release, Sabre president Greg Webb said that US Airways "recognises the value of the Sabre global distribution system and our innovative leadership in helping airlines market and sell their products, including ancillaries, to millions of travellers worldwide".
Travel distributors Amadeus and Expedia finished trading on Thursday stronger, while World Fuel Services Corp gained 2.7%.
Selected Others daily share price movements (% change): 03-Mar-2011
