Sabre suspends distribution agreement with Russian carrier Aeroflot
Aeroflot’s flight will not show up on online travel agencies or other third-party sites
Sabre rival Amadeus IT Group also suspended Aeroflot fares from its platforms
On Thursday, Sabre Corp. (NYSE: SABR) said it suspended its global distribution agreement with Russian carrier Aeroflot after Russia’s invasion of Ukraine.
The airline software giant provides ticket distribution and reservation services for carriers worldwide.
With the suspension of agreement with the Russian carrier, Aeroflot’s flight would not show up on online travel agencies or other third-party sites.
“We will not sign any new contracts in Russia and we continue to evaluate our existing portfolio of work in Russia in parallel,” the company said in a statement.
Potential impact
“At the same time, we continue to assess and evaluate the potential impact of international sanctions imposed on Russia and any counter-measures by Russia.”
Sabre rival Amadeus IT Group also suspended Aeroflot fares from its platforms.
Last week, Delta Air Lines (NYSE: DAL) also said it is cutting ties with Russian carrier Aeroflot amid Russia-Ukraine crisis. The airlines had a partnership allowing customers to book seats on each other’s flights.
Aerospace manufacturers including Boeing and General Electric have also suspended parts distribution agreements with Russia. The U.S. and Europe have suspended Russia’s access to their airspace.
'Increasing concern'
“Sabre has been monitoring the evolving situation in Ukraine with increasing concern,” Sean Menke, Sabre’s CEO, said in a statement.
“We are taking a stand against this military conflict. We are complying, and will continue to comply, with sanctions imposed against Russia.”
“The Company will continue to monitor the ongoing situation and will evaluate whether additional actions would be appropriate, taking into account legal considerations and any countermeasures that could be implemented in response,” Sabre said.