Farelogix Responds to Sabre’s Announcement of Deal Termination
Farelogix today issued the following statement in response to the termination of the Sabre/Farelogix merger agreement.
MIAMI, FL – May 1, 2020 – Farelogix today issued the following statement in response to the termination of the Sabre/Farelogix merger agreement.
We are disappointed that our plan to join with Sabre is not going forward. However, due to the inherent uncertainty with any regulatory process, we have been well prepared for this possibility. Over the past eighteen months, we have made great strides in advancing our technology infrastructure, optimizing our product delivery, streamlining our operational processes, and implementing new customers.
We are very grateful to our airline customers who have been supportive of Farelogix throughout this process and amid the pandemic. We do not take this support lightly and continue to be laser focused on providing airlines with superior levels of service and product innovation. And while the economy and travel industry have been significantly impacted by COVID-19, one thing is clear – Farelogix remains committed to quickly and creatively delivering technology solutions airlines need today and into the ever-evolving future.
Farelogix is a recognized leader and innovator in the travel industry. Its groundbreaking technology is modernizing the airline commerce and distribution landscape and is used by several of the world’s leading airlines. The company’s flagship Airline Commerce Gateway is a technology platform comprised of fully integrated and optimized components for airline-controlled distribution, shopping, pricing, merchandising, and retailing across channels. Recognized for its pioneering role in creating the distribution innovation known today as NDC, Farelogix now provides NDC (Level 4 certified) distribution for more than 17 airlines with connectivity to all major PSS systems. Farelogix is headquartered in Miami, Florida with an office in Dubai, United Arab Emirates. For additional information, visit www.farelogix.com.