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TSG Stars Group Inc

27.31
0.00 (0.00%)
16 Aug 2024 - Closed
Delayed by 15 minutes
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

RAK Airways Launches Ras Al Khaimah Service with Sabre Airline Solutions' Flight Planning System

05/12/2006 1:00pm

Business Wire


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Ras Al Khaimah-based RAK Airways, the United Arab Emirates’ newest carrier, and Sabre Airline Solutions, the global leader of software and services for the airline industry from planning to execution, today announced that RAK Airways will launch its service in the first quarter of 2007 using the Sabre® Dispatch Manager dispatch and flight planning system. The software helps produce and maintain optimized flight plans for flights to and from destinations in the Middle East and elsewhere. By selecting Dispatch Manager to provide business-critical functionality, RAK Airways joins more than 200 carriers worldwide that rely on the long track record of Sabre Airline Solutions for providing fully automated and integrated flight operations solutions. “RAK Airways selected Dispatch Manager because of the flexibility of the system and the potential for fuel savings and increased payloads,” said Jack Romero, CEO of RAK Airways. Dispatch Manager offers a sophisticated computerized tool that enables the air carrier to save fuel and other operating costs for each flight by optimizing the horizontal route definition, the vertical profile and the aircraft speed. “As a start-up airline, RAK Airways has to ensure that critical business areas will be ready to go on the first day of operations,” said Murray Smyth, Sabre Airline Solutions’ senior vice-president, EMEA. “The market in the Middle East is growing fast, particularly in the UAE, after the successful launch of several regional carriers. The dynamics of the region are key elements that will contribute to the success of the Value Focused Carrier business model in the region, and our solutions and services are perfectly suited to contribute to this region with phenomenal growth.” 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, SabreSonic, CargoMax, AirFlite, AirMax, AirOps, AirServ, AirCrews and Sabre Travel Network 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) 2006 Sabre Inc. All rights reserved. About RAK Airways RAK Airways is the fourth national airline of the United Arab Emirates, established in February 2006 under an Emiri Decree proposed by H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah. The objective of RAK Airways is to support the economic development of the Emirate of Ras al Khaimah as it embarks upon an ambitious expansion program. The developments include economic free zones to attract businesses as well as residential, leisure and tourism projects. RAK Airways will operate both charter and scheduled services to meet the demand of the various markets that the airline will serve. The airline will provide a high level of service to passengers whether scheduled or charter, aligned with the best service standards in the industry. This will open up the possibility of co-operation with other world class airlines in future to widen our passenger’s choice horizons further. The services will be delivered in a cost effective manner, ensuring that RAK Airways will provide value for money to our customers, whether scheduled airline passengers or tour operators. For more information please visit www.rakairways.com or contact Rima Darmanda on rima.darmanda@rakairways.com. Ras Al Khaimah-based RAK Airways, the United Arab Emirates' newest carrier, and Sabre Airline Solutions, the global leader of software and services for the airline industry from planning to execution, today announced that RAK Airways will launch its service in the first quarter of 2007 using the Sabre(R) Dispatch Manager dispatch and flight planning system. The software helps produce and maintain optimized flight plans for flights to and from destinations in the Middle East and elsewhere. By selecting Dispatch Manager to provide business-critical functionality, RAK Airways joins more than 200 carriers worldwide that rely on the long track record of Sabre Airline Solutions for providing fully automated and integrated flight operations solutions. "RAK Airways selected Dispatch Manager because of the flexibility of the system and the potential for fuel savings and increased payloads," said Jack Romero, CEO of RAK Airways. Dispatch Manager offers a sophisticated computerized tool that enables the air carrier to save fuel and other operating costs for each flight by optimizing the horizontal route definition, the vertical profile and the aircraft speed. "As a start-up airline, RAK Airways has to ensure that critical business areas will be ready to go on the first day of operations," said Murray Smyth, Sabre Airline Solutions' senior vice-president, EMEA. "The market in the Middle East is growing fast, particularly in the UAE, after the successful launch of several regional carriers. The dynamics of the region are key elements that will contribute to the success of the Value Focused Carrier business model in the region, and our solutions and services are perfectly suited to contribute to this region with phenomenal growth." 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, SabreSonic, CargoMax, AirFlite, AirMax, AirOps, AirServ, AirCrews and Sabre Travel Network 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) 2006 Sabre Inc. All rights reserved. About RAK Airways RAK Airways is the fourth national airline of the United Arab Emirates, established in February 2006 under an Emiri Decree proposed by H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah. The objective of RAK Airways is to support the economic development of the Emirate of Ras al Khaimah as it embarks upon an ambitious expansion program. The developments include economic free zones to attract businesses as well as residential, leisure and tourism projects. RAK Airways will operate both charter and scheduled services to meet the demand of the various markets that the airline will serve. The airline will provide a high level of service to passengers whether scheduled or charter, aligned with the best service standards in the industry. This will open up the possibility of co-operation with other world class airlines in future to widen our passenger's choice horizons further. The services will be delivered in a cost effective manner, ensuring that RAK Airways will provide value for money to our customers, whether scheduled airline passengers or tour operators. For more information please visit www.rakairways.com or contact Rima Darmanda on rima.darmanda@rakairways.com.

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