Sabre Corporation (NASDAQ:SABR) is one of the best stocks under $3 to invest in. On October 29, Volaris, which is Mexico’s leading ultra-low-cost airline, and Sabre Corporation announced a new multi-year agreement that will make Volaris’s flight content available to users through SabreMosaic Travel Marketplace. The agreement marks a strategic expansion for Volaris, which is making its debut in the global distribution system/GDS channel.
The partnership strengthens SabreMosaic Travel Marketplace’s position as a leading source of low-cost carrier content for agencies worldwide. Chris Wilding, Senior Vice President of Airline Distribution at Sabre, stated that Volaris’s decision to join the platform brings one of the fastest-growing low-cost carriers in the Americas to a cloud-native platform that unites the broadest range of multi-source travel content.
Earlier, on October 14, Sabre Corporation announced the launch of SabreMosaic Continuous Revenue Optimizer/CRO. This industry-first, AI-driven modular solution is designed to help airlines move beyond traditional fare classes and provide continuous pricing recommendations for every shopping request.
Sabre Corporation, together with its subsidiaries, operates as a software and technology company for the travel industry internationally. It has 2 segments: Travel Solutions and Hospitality Solutions.
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This article is originally published at Insider Monkey.
