Slowly emerging travel solutions company Sabre (NASDAQ: SABR) has decided to be a partner of ASKY, an airline that largely operates in the African continent. This move may allow Sabre to expand the business geographically although the pandemic limits many opportunities for travel companies.
SABR grows 1.01% to $8.03 in premarket while futures markets are gaining steadily. Many travel-linked companies are to rise in stocks during a moment when investors preserve their funds for investment.
Partnering with Sabre allows ASKY to ease in getting customers and accommodating them to Western and Central African countries. Seems the COVID-19 didn’t distract both companies to postpone the deal.