Mar 04, 2020 / 10:40PM GMT
Joshua Phillip Baer - Morgan Stanley, Research Division - Equity Analyst
Great. Let's get started. My name is Josh Baer. I am a software analyst at Morgan Stanley. We have here the Sabre team. We have CFO, Doug Barnett; and the IR team, Jennifer and Kevin.
A quick disclosure. Please note that all important disclosures, including personal holdings disclosures and Morgan Stanley disclosures appear on the Morgan Stanley public website at morganstanley.com/researchdisclosures or at the registration desk.
Questions and Answers:
Joshua Phillip Baer - Morgan Stanley, Research Division - Equity AnalystThank you for joining us. For those investors who might be newer to the Sabre story, hoping you could start off and maybe just talk about some of the major dilutions and how you're positioned within the travel industry?
Douglas Elliott Barnett - Sabre Corporation - Executive VP & CFO
Sure. Sure. We like to say, at Sabre, we make travel happen. So basically, we have really what we might call 3 lines of