Stars (NASDAQ:TSG)
Historical Stock Chart
From Aug 2019 to Aug 2024
![Click Here for more Stars Charts. Click Here for more Stars Charts.](/p.php?pid=staticchart&s=N%5ETSG&p=8&t=15)
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.