10 November 2021, Virtual
London, UK - November 2021
London, UK - December 2021
Technology firm Sabre and American Airlines have settled their long-running dispute over the distribution of the carrier's fares.
The two companies had been due to start a court case in Texas this month but now they have reached an agreement to resolve the issue which includes Sabre making an undisclosed cash payment to American.
“Sabre and American Airlines announce they have settled their disputes and have renewed their current distribution agreement for multiple years,” said the two companies in a joint statement.
“American has also agreed to negotiate with Sabre for additional technology services in the future. As part of the settlement, American will receive a monetary payment from Sabre.
“American will continue pursuing its direct connect initiative. Additional information will be announced at a later date.
“Terms of the settlement and distribution agreements require review and approval by the court presiding over AMR Corporation’s (American’s parent company) restructuring procedures.”
American Airlines is currently in chapter 11 bankruptcy protection.