50 SKY SHADES - World aviation news

Sabre acquires airline management service Airpas Aviation

Download: Printable PDF Date: 19 Apr 2016 12:21 category:
Publisher:
Sabre acquires airline management service Airpas Aviation - Finance publisher
Krista Kuznecova
Aircraft: Airplanes
Source: Tnooz

Sabre has made its first acquisition of 2016 with the purchase of Airpas Aviation, a technology provider that helps airlines manage their route networks and costs.

No terms regarding the acquisition were released in the announcement.

Sabre will place the Germany-based company within its Airline Solutions portfolio of tools and services.

Airpas has a number of tools and products that allow airlines to analyse and optimise their flights, by monitoring of elements including fuel costs, airport and navigation charges, ground operations, catering and crew expenses.

The company counts the likes of Malayasia Airlines, TuFly, AirBerlin and Sunwings on its customer base and claims it is processing around 1.8 million flights per year through its systems.

Airpas was previously 25% owned by German transport logistics company Softship.

The company’s leadership structure will remain intact, Sabre says, with Reinhold Renger overseeing operations as its CEO and managing director.

In a statement, Sabre says:

“With the integration of Airpas Aviation’s solutions into the Sabre portfolio, airline customers will benefit from the efficiency of a cohesive commercial planning solution and working with one provider that fully understands and helps meet their commercial planning needs.

“In addition, the acquisition will open the Airpas solutions to Sabre’s global customer base.”

Sabre was also in a buying mood during 2015, snapping up Trust International in November for $154 million and the remaining shares of Asia-Pacific focused GDS Abacus for $411 million in the summer.



Loading comments for Sabre acquires airline management service Airpas Aviation...


Recommended

Two-thirds of airlines to enter new era of connected onboard services by 2020

More than 90% of airlines are set to ramp up investment in advancing wireless services for cabin crew and pilots over the three years to 2020 – an 18% increase since SITA’s 2016 Airli...

H160’s third prototype gets its carbon design livery

Signature livery a nod to A350XWB paint scheme Marignane, France, The third H160 prototype has received a fresh coat of paint and now features a striking “carbon” livery designed a...

Ten AS565 MBe Panther helicopters in service in Mexico

On 6 December, the Mexican Navy received two final AS565 MBe Panther helicopters, completing the order of ten purchased in November 2014. Below, an overview of the qualities of this model, which has b...

ATR 72-600 Flight Simulator in Paris Receives EASA Certification

ATR, the world’s leading turboprop manufacturer, has received certification from the European Aviation Safety Agency (EASA) for its new ATR 72-600 Full Flight Simulator (FFS) based at ATR’...