American Airlines 1998 Annual Report Download - page 22
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Please find page 22 of the 1998 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.FOR THE SABRE GROUP
(TSG), the largest of AMR’s non-airline enterprises, 1998 was a year of continued
leadership in its electronic travel distribution business and of robust growth in its other principal business,
information technology solutions. Since its legal separation from American Airlines, and an initial public
offering of just less than 20 percent in 1996, The Sabre Group’s revenues have grown by more than
40 percent. In 1998, TSG had pre-tax earnings of $371 million and an
operating margin of 15.2 percent.
Electronic Travel Distribution
The Sabre Group is the world leader in electronic travel distribution.
The Sabre computer reservation system handles more airline bookings
than any other system. The Sabre Group’s electronic travel distribution
Today, more than 40,000 travel agencies in over 100 countries subscribe to the Sabre system.
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