Vietravel Airlines has renewed its Passenger Service System contract with Sabre Corp. (SABR) on Monday for an additional five years, reaffirming its reliance on the Radixx platform to support future growth.
Part of Vietnam's T&T Group—which in December 2024 became the country's first conglomerate to own both airline and airport assets Vietravel Airlines aims to expand both passenger and air cargo services regionally.
Recent integration of Sabre's Payment Gateway also broadens customer payment options.
SABR is currently trading at $2.82, up $0.06 or 2.35 percent on the Nasdaq.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.