American Airlines And Sabre Holdings Issued The Following Joint Statement
FORT WORTH, Texas and SOUTHLAKE, Texas, Oct. 31, 2012 /PRNewswire/ -- Sabre and American Airlines announce they have settled their disputes and have renewed their current distribution agreement for multiple years. American has also agreed to negotiate with Sabre for additional technology services in the future. As part of the settlement, American will receive a monetary payment from Sabre. American will continue pursuing its direct connect initiative. Additional information will be announced at a later date. Terms of the settlement and distribution agreements require review and approval by the court presiding over AMR Corporation's restructuring procedures.
About American Airlines
American Airlines, American Eagle® and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,500 daily flights. The combined network fleet numbers nearly 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.
Current AMR Corp. news releases can be accessed at http://www.aa.com
SOURCE American Airlines