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TSG Stars Group Inc

27.31
0.00 (0.00%)
16 Aug 2024 - Closed
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Share Name Share Symbol Market Type
Stars Group Inc NASDAQ:TSG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.31 27.40 27.50 0 01:00:00

China Eastern Airlines Commits to Sophisticated Network Analysis with Sabre Airline Solutions

18/07/2006 1:00pm

Business Wire


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China Eastern Airlines, one of the leading carriers in China, has signed a four-month contract with Sabre Airlines Solutions to implement best practice network planning and flight scheduling for the carrier. As the leading provider of software and services to the airline industry from planning to execution, Sabre Airline Solutions will leverage its industry leadership to support China Eastern Airlines in the areas of schedule optimization, network analysis and slot analysis. "With this engagement, China Eastern Airlines will maximize its current network and schedule profitability, increase its aircraft utilization and be in prime position to take full advantage of future market growth and opportunities," said Zhen-Ming Hu, general manager, Airline Planning and International Affairs Department. "As we approach the 2008 Beijing Olympics and 2010 Shanghai World Expo, it is critical that we invest in world-class services to maximize our global opportunities." Headquartered in the world's fastest growing market, Shanghai gives China Eastern Airlines the geographical advantage to serve China from South Asia, South East Asia, Hong Kong SAR Macau and the Pacific region. "We have been working with China Eastern Airlines in a number of areas ranging from airline operations to sales, marketing and now planning and scheduling. Our approach, centered around transfer of knowledge to the airline, is very attractive to rapidly evolving carriers such as China Eastern Airlines," said Nejib Ben-Khedher, president of the consulting practice within Sabre Airline Solutions. "We have doubled our consulting activities in China in 2005 versus 2004 and expect to post a similar growth this year. Our hands-on approach delivered by a mix of local and global experts is positioning us as a partner to the Chinese carriers." As a preferred long-term partner of Sabre Airline Solutions, China Eastern Airlines has already implemented Sabre Movement Manager, Sabre Load Manager, Sabre Dispatch Manager and Sabre AirFlite Schedule Manager. In the past, China Eastern Airlines has also invested in the consulting expertise of Sabre Airline Solutions professionals. Sabre Airline Solutions is the Asia/Pacific market leader in aviation technology. The company has experienced rapid growth in China and is working with the major airlines including Air China, China Eastern and China Southern. Sabre Airline Solutions recently established its Asia/Pacific headquarters in Shanghai as part of its move to advance the company's strategic business agenda in the world's fastest-growing market. About Sabre Airline Solutions Sabre Airline Solutions, a Sabre Holdings company, is the world's largest provider of products to help airlines market, sell, serve and operate from planning to execution. More than 200 airlines use its broad portfolio of decision-support tools to increase revenues and improve operations, while more than 500 use its leading operational technology. More than 100 airlines rely on Sabre Airline Solutions for passenger management solutions, while a similar number have turned to the company's consulting group for strategic, commercial and operational advice. Sabre Holdings (NYSE:TSG) connects people with the world's greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at http://www.sabre-holdings.com. Sabre Airline Solutions, the Sabre Airline Solutions logo and AirFlite are trademarks and/or service marks of an affiliate of Sabre Holdings Corp. All other trademarks, service marks and trade names are the property of their respective owners. (C) 2005 Sabre Inc. All rights reserved.

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