Sabre Completes Acquisition of Abacus
Sabre completed the acquisition of Abacus International and named Roshan Mendis senior vice president for Sabre Travel Network, Asia Pacific. He will be responsible for all Sabre Travel Network’s business in the Asia-Pacific region. Mendis was president of the Americas at Travelocity.com until its sale earlier this year to Expedia. Robert Bailey, who has served as CEO of Abacus for seven years, is leaving the company.
Sabre had owned 35% of Abacus in a joint venture with 11 Asian airlines, which owned the the remainder. Sabre also signed an agreement to acquire Abacus’ national marketing company, Abacus Distribution Systems (Hong Kong).
-- Michele McDonald