Travelocity Revenue Topped $1 Billion in 2006

Sabre Holdings Corporation posted $655 million revenue for the fourth quarter, up six percent year-over-year. Revenue for full-year 2006 was $2.8 billion, an increase of 12 percent year-over-year.

For the fourth quarter, net earnings, on an adjusted basis, were $58 million, or $0.43 per share, compared to $28 million, or $0.22 per share in the fourth quarter of 2005. For 2006, net earnings, on an adjusted basis, were $233 million, or $1.77 per share, compared to $196 million, or $1.50 per share in 2005.

For 2006, Travelocity global gross travel booked was $10.1 billion, an increase of 35 percent year-over-year. Total global revenue for the year was $1.1 billion, year-over-year growth of 31 percent. Travelocity had operating income on an adjusted basis of $73 million with an operating margin of seven percent.

For 2006, revenue from Sabre Travel Network was $1.63 billion, an increase of one percent from $1.61 billion a year ago. Global transactions were 357 million, growth of four percent year-over-year. Revenue from Sabre Airline Solutions was $283 million, an increase of eight percent from $261 million a year ago.