Strong Distribution Bookings Growth
Total distribution bookings grew 3% year-on-year, with air distribution bookings increasing by more than 2%. September finished strong, up 7% year-on-year, driven primarily by newly converted business from growth strategies.
Significant Progress in Deleveraging
Sabre has made significant progress in deleveraging, anticipating a 50% reduction in net leverage by year-end 2025 compared to year-end 2023.
Innovation and AI Developments
Sabre announced two industry firsts: agentic APIs for travel and Continuous Revenue Optimizer within the SabreMosaic platform. The payments business is also growing at a healthy rate, with 41 live NDC integrations.
Payments Business Growth
The payments business is processing over $20 billion in annual transactions, with quarterly gross spend growing over 40% year-on-year.
Positive EBITDA Growth
Normalized adjusted EBITDA grew 23% year-on-year, with margin improving over 300 basis points to 21%.