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Air Transport, SITA: in 2009 increasing revenues compared to 2008

Geneva, Switzerland - Equal to USD 1,49 bn

SITA, the specialist provider of communications and IT solutions to the world's air transport industry, today reported consolidated revenues of $1.49 billion for the year 2009. This is within 1% of the previous year's figures and has allowed SITA to return more than $60m in cash and price reductions to its member owners. In a period of extreme credit pressure, SITA has a strong cash position. The...

fra/pec - 1116959

AVIONEWS - World Aeronautical Press Agency
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