Notable News to Watch: Sabre Corporation (NASDAQ: SABR)

Sabre Corporation (NASDAQ: SABR) stock observed trading -19.32% off 52-week high price. On the other end, the stock has been noted 9.77% away from low price over the last 52-weeks. The stock disclosed a move of -6.48% away from 50 day moving average and -4.65% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.69% off 20-day moving average. It has market cap of $5970.18M and dividend yield of 2.63%.

Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, announced that Azul Airlines, Brazil’s fastest growing airline, has completed its migration to Sabre AirCentre Crew Manager. The comprehensive technology will enable the airline to quickly manage and track all crew operations – one of the most costly and complex aspects of airline operations – from a single, integrated and real-time platform. This marks the first implementation of Crew Manager in the Americas.

Crew Manager helps an airline maximize crew utilization, enable cost control and support regulatory compliance through optimized planning, innovative tracking and management, and disruption management decision support. Crew Manager, built on modern cloud technologies, allows for proactive, event-based messaging to crew members in real-time, powered by web services-based integration. It will empower Azul to manage crew from planning through day-of operations.

As the fastest growing carrier in the Latin America region, Azul will also benefit from Crew Manager’s flexibility to scale operations and share information with crew members through state-of-the-art technology as business needs change. Additionally, given the expanding demand for pilots and cabin crew, Crew Manager will contribute to crew satisfaction through mobile solutions that grant crew members immediate access to self-service options to view and manage their work schedules.

Azul’s selection of Crew Manager bears added significance given the airline’s formidable industry presence. It is one of the top 10 airlines in the world as recognized by the 2018 TripAdvisor Travelers’ Choice Awards; was the most on-time low cost carrier (LCC) in the world in 2018; and won the 2018 Skytraxx World Airline Award for “Best Airline Staff in South America” and “Best Regional Airline in South America.”

“As a global airline leader, we have high standards that are impossible to maintain without a properly equipped crew,” said Azul’s CIO Kleber Linhares. “Sabre has been an ideal partner in this initiative and beyond. We have worked together since 2010 and Sabre’s technologies have never failed to be a reliable asset in building and reinforcing our strong, service-oriented culture.”

The USA based company Sabre Corporation moved with change of 1.04% to $21.3 with the total traded volume of 1854754 shares in recent session versus to an average volume of 1735.63K. The stock was observed in the 5 days activity at -0.09%. The one month performance of stock was -6.78%. SABR’s shares are at -9.52% for the quarter and driving a -14.11% return over the course of the past year and is now at -1.57% since this point in 2018.  Right now the stock beta is 0.78. The average volatility for the week and month was at 2.07% and 2.02% respectively. There are 280.29M shares outstanding and 272.68M shares are floated in market.

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