Ratings for Sabre Holdings Corp. reflect its solid position within its major business and relatively strong financial profile. Sabre is a major provider of electronic distribution and information technology services to the travel industry. Sabre owns the leading computer reservations system (CRS), responsible for booking approximately 40% of the world's travel agency airline reservations. In addition, Sabre owns Travelocity.com (it acquired the 30% it did not already own on April 11, 2002, the largest consumer on-line travel booking site; and GetThere, one of the largest corporate on-line booking sites. Despite the recent slowdown in bookings due to reduced levels of travel after the events of Sept. 11, 2001, on-line travel has been one of the more successful areas in the
