Sabre’s intelligent solution Air Price IQ adopted by Latam Airlines

Latam Airlines (LTMAY) and Sabre (SABR) announced the carrier’s adoption of Sabre Air Price IQ, an intelligent solution that is part of Sabre’s Retail Intelligence suite. Air Price IQ allows airlines to generate relevant offers by analyzing an airline’s own shopping and revenue management data in real time along with relevant marketplace insights. It also enables airlines to bring their own pricing models and define business rules and strategies to set boundaries for airfare pricing within the solution, empowering them to turn data and insights into actionable output. In partnership with Alphabet’s (GOOG) Google Cloud, Sabre Travel AI provides AI solutions and automated machine learning tools that sense, analyze and predict consumer behaviors – using real-time shopping and sophisticated travel-specific business insights.