AVIATION TECHNOLOGY

Air Serbia to grow revenue opportunities with retailing solutions from Sabre

Air Serbia | December 21, 2021

Freight News
Sabre Corporation (NASDAQ: SABR) announced that Air Serbia successfully implemented Sabre's Dynamic Availability software, which will help the airline to actively respond to evolving conditions with optimized pricing information.

Leveraging shopping data as well as information on traveler behavior and other key factors from Sabre's marketplace and other sources, Dynamic Availability applies machine-learning models to generate recommendations that help drive incremental revenue opportunities. The tool allows airlines to optimize their offerings by quickly and precisely responding to changing dynamics with recommendations based on real-time marketplace data.

"Pricing is one of the most complex issues in the aviation industry – even more so since the onset of the pandemic, Successful pricing is an important aspect of sophisticated retailing, and airlines like Air Serbia need the right information to help maximize revenue. Beyond unlocking incremental revenue potential, our Dynamic Availably solution reduces the time spent on manual calculations, increases analyst efficiency and allows our customers to focus on delivering a superior traveler experience."

- Dino Gelmetti, Vice President EMEA, Sabre Travel Solutions.

To further enhance its offering agility and precision, Air Serbia is actively collaborating with Sabre to advance airline revenue management through this period of recovery. As part of this discussion, the airline is exploring opportunities to partner with Sabre on its recently launched Sabre Price IQ product. Considering traveler segment and trip intent from the shopping request combined with artificial intelligence and machine learning, Air Price IQ supports airlines in their efforts maximize revenue opportunities while providing a seamless experience to its travelers.

"As we embark on a period of ambitious recovery and growth, building cutting-edge technology using real-time data, artificial intelligence and machine learning will be key to our success, We are excited to partner with Sabre on these intelligent software solutions that will redefine our fare pricing and passenger experience."

- Jiri Marek, General Manager Commercial and Strategy at Air Serbia.

Air Price IQ is part of Sabre's Retail Intelligence suite. Powered by Sabre Travel AI™ – an innovative capability that integrates Sabre technology with state-of-the-art AI technology and advanced machine-learning services – the new technology will allow airlines to dynamically provide offers to travelers based on preferences, marketplace insights and purchase probability, creating a more personalized and better traveler experience.

About Sabre Corporation
Sabre Corporation is the leading technology provider to the global travel industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.

About Air Serbia
Air Serbia was launched under that name in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Niš, Kraljevo) it flies to destinations in Europe, the Middle East, North America and Africa, in passenger and cargo traffic. The airline also offers long-haul and international destinations in Asia, Australia, North America and Africa via its codeshare partners. Air Serbia's fleet includes one wide-body, 10 narrow-body and 5 turboprop aircraft. Find more information about the activities of the Serbian national airline at Air Serbia Media Centre.

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Other News
BUSINESS AVIATION

Southwest Airlines Launches Interest-Free Payment Installments to Hawaii with Buy Now Pay Later Leader, Uplift

Southwest Airlines | January 19, 2022

Uplift, the only enterprise Buy Now, Pay Later solution serving the world's top travel brands, has deepened its partnership with Southwest Airlines Co. Customers can book their Southwest Airlines® flights now through Monday, Jan. 24, to the breathtaking Hawaiian Islands with interest-free payment options through Uplift for travel dates through the end of Aug. 2022.* Aloha seekers can visit the beautiful destinations of Honolulu (Oahu), Hilo (Hawaii Island, Kahului (Maui), Kona (Hawaii Island), and Lihue (Kauai) nonstop via interisland service, or from cities across the continental U.S. such as Las Vegas, Long Beach, Sacramento, Los Angeles (LAX), Oakland, Phoenix, Sacramento, San Diego, San Jose, Calif. Southwest's® interest-free promotion is available for purchases as low as $49 one-way and for three or six-month terms, with no late fees or prepayment penalties. Customers can book today and fly as soon as tomorrow - even before they are finished making their payments. Travelers can also book now, and begin easy monthly installments and daydream about their spring break getaway or upcoming summer vacation trip. "Southwest is about connecting our Customers to the places that matter most in their lives. We know there is a strong travel demand to Hawaii and are excited to fly our Customers to the Aloha State, We are grateful to enhance our partnership with Uplift, making travel more accessible, affordable, and rewarding by giving Southwest Customers the freedom to travel now and pay over time." -Jonathan Clarkson, Vice President of Loyalty, Partnerships, and Products for Southwest Airlines. Using Uplift installments to buy now and pay later gives Southwest Customers the freedom to book trips when they are ready and divide the cost over a series of affordable monthly payments. Uplift is available on mobile or web and is seamlessly integrated into the Southwest.com booking process for a frictionless Customer experience. Customers will see the total cost of their trip at the time of booking along with the monthly payment amount, letting them take control of their budget and create lasting travel memories. "We are thrilled to expand our growing partnership with one of America's most beloved airlines offering customers a budget-friendly way to experience the aloha spirit of the Hawaiian Islands, Since the launch of our partnership in April 2021, we continue to see strong growth and customer adoption of Uplift's easy payment options. This incredible offer of interest-free installments makes a Hawaiian vacation a reality for travelers who already enjoy Southwest's friendly hospitality and low-cost fares and new customers as well." -Tom Botts, Chief Commercial Officer of Uplift. Uplift expanded its partnership with Southwest Airlines in April 2021 to Southwest.com, joining the longstanding relationship with Southwest Vacations. Uplift partners with over 200 of the world's leading airlines, cruise lines, resorts, and other major travel brands to offer BNPL payment options to help more consumers make meaningful purchases. Uplift flexible payment options are available now on Southwest.com—head on over to view Southwest's latest deals. About Southwest Airlines Co. Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. Celebrating its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its nearly 54,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders (NYSE: LUV).

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AEROSPACE

Eve and Global Crossing Airlines sign Letter of Intent for up to 200 eVTOL aircraft and enable future collaboration for UAM

Global Crossing Airlines | March 21, 2022

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AEROSPACE

JetBlue Now Accepting Applications for Pilot Gateway Programs

JetBlue | March 08, 2022

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AVIATION TECHNOLOGY

Ansys Propels First Flight by Air Race E Electric Race Plane

Ansys | January 31, 2022

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Spotlight

SITA’s Air Transport IT Summit, co-hosted by Flight Airline Business, explores the big techno-trends and practices that will underpin our digital transformation, and the transformation of the passenger experience.

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