Sabre Corporation (NASDAQ:SABR) Q3 2023 Earnings Call Transcript

James Goodall: And then I guess maybe just a very long-term question on the Airline IT side. I mean I’ve got the impression that many more airlines, including your largest PSS customer already themselves towards the transition away from legacy PSS architecture and towards sort of offload order-based systems. So I was just wondering if you could talk to how well you think you’re set up for that transition? What you’ve developed to date would be great.

Kurt Ekert: James, thank you. As we’ve indicated, everybody is pursuing this term agenda of IATA’s one order, which is the new offer order technology. We have invested aggressively in both offer and order capabilities. The tip of the spear where we’re going to market and leading right now is on the retail intelligence suite of solutions. We’re beginning to get great market traction with customers signing up and buying this because it doesn’t require wholesale operating changes on their side to implement capabilities. One of the challenges with offer and order is that a lot of the airline systems, processes and organizations are built around the traditional PNR PSS structure. And so most carriers see this as a long-term multiyear journey, 7, 10, maybe more years.

So we’re in conversation with a number of both Sabre and non-Sabre PSS customers about working with them on this journey and providing our technology. So we think there’s an opportunity for us to disrupt the marketplace and we’re leaning in very aggressively to what we believe is a great opportunity.

Operator: Thank you. I would now like to turn it back over to Kurt Ekert for closing remarks.

Kurt Ekert: Thank you, and thank you again for joining us today. We appreciate your interest in Sabre, and look forward to speaking with you again soon. And that concludes today’s call.

Operator: Thank you for your participation in today’s conference. This does conclude this program. You may now disconnect.