Sabre (SABR) said Thursday it has entered into a long-term agreement with China's Hainan Airlines, which will use the company's Fares Manager and Contract Manager services to optimize international fares.
Financial details weren't disclosed.
Sabre's technology is expected to support Hainan Airlines' international expansion by improving its ability to monitor and adjust fares dynamically to increase revenue opportunities, the company said.
Shares of Sabre were down 3% in recent Thursday trading.
Price: 3.26, Change: -0.10, Percent Change: -2.98
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