Sabre closes sale of its aircentre airline operations portfolio

Southlake, texas, march 1, 2022 /prnewswire/ -- sabre corporation (nasdaq: sabr), a leading software and technology provider that powers the global travel industry, today announced the successful closing of the previously-announced agreement to sell its aircentre airline operations portfolio to cae, a technology leader in digital flight and crew operations. the transaction, valued at $392.5 million, includes the sabre aircentre product portfolio, related technology and intellectual property as well as the transfer of aircentre's highly talented team members from sabre to cae.
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