He shared that Sabre is taking steps to help align their other costs with the current demand in the present environment. He said that the company is fortunate that important aspects of their cost structure are variable. ![]() The turndown is expected to result in a proportional decline in Sabre Travel Network’s incentive expense, and a reduction in Sabre’s approximately $250 million semi-variable technology hosting costs. Sabre noticed the decline in global travel driven by the COVID-19 outbreak. Sean Menke, President and CEO, Sabre Corporation, said in a recent press statement that the global travel industry is facing challenges like it has never experienced before However, he believes that the company is well-positioned to navigate its way through the unstable condition prevalent at the moment. ![]() Sabre Corporation, the global travel technology giant has decided to undertake important measures to strengthen the financial condition and position of the company in order to stand strong amidst the adverse effects of the coronavirus pandemic.
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