Southwest Air Narrows Choice For Booking System To Sabre, Amadeus
December 16 2010 - 11:14AM
Dow Jones News
Southwest Airlines Co. (LUV) said Thursday that it had narrowed
the choice of supplier for its new reservations system to Amadeus
IT Holdings SA (AMADY, AMS.MC) and Sabre Holdings (TSG).
The largest domestic U.S. airline by passenger numbers has been
evaluating a replacement for an aging booking system that has
prevented it from pursuing alliances with other carriers or
launching international flights.
Southwest revealed the remaining vendors during its annual
investor day, but didn't give a timeline for a final decision.
Laura Wright, chief financial officer, also reiterated the
company's financial goals, including achieving a 15% pre-tax return
on invested capital in 2012.
-By Doug Cameron, Dow Jones Newswires; 312-750-4135;
doug.cameron@dowjones.com
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