Sabre has not seen a “meaningful” impact on bookings from
Lufthansa’s implementation of a 16-euro surcharge on GDS bookings last
September, CEO Tom Klein said.
Klein spoke to the topic during Sabre’s fourth-quarter
earnings call on Tuesday, answering an analyst’s question.
“We haven’t seen any numbers that indicate that
there’s been a big shift. We haven’t seen an impact to our bookings in any
meaningful way across the board,” Klein said. “We are either picking up those
bookings through either codeshare partners of Lufthansa or other airlines that
overlap with Lufthansa.”
Klein added that Sabre is in continued talks with
Lufthansa “about how we can help enable new business models and different
relationships with their customers that they’ve said is core to their
During the call, Klein also addressed a question about
Zika virus, and said Sabre is not anticipating a big impact from its spread.
“Generally, we see a volume shift that’s very
manageable and a relatively swift recovery once things are under control and
the public is educated on the real risks,” he said, speaking to what Sabre has
seen with past outbreaks like SARS. “We hope that it’s the same with Zika.”
While he said there was “a little bit of panic” when
news reports about the virus and its potential link to neurological disorders
increased in frequency, “I think it’s calmed down quite a bit and we haven’t
seen any meaningful impact on volumes at this time.”
Sabre reported that fourth-quarter net income rose
27.2%, to $76 million, while the company’s revenue increased 17.4%, to $758.5
In 2015, Sabre reported a 32.5% rise in net income, to
$308.1 million. The company’s revenue increased 12.5%, to $2.96 billion.