SITA winning record new business

24th Apr 2006

SITA has reported aggregated revenues of $1.554 billion (€ 1.295bn) for the year 2005 boosted by record volumes of new business over the last three years.The company is moving towards a consolidated
organisation, boosted by new business,
combined with investment in ground-breaking ventures such as Aviareto, CHAMP
Cargosystems, CertiPath and OnAir.

Paul Coby, SITA Chairman, commented: “The last three years in SITA have been a
period of consolidation for our existing businesses, with growth and innovation in
new areas to the benefit of the air transport community. We responded to the
industry crisis 3 years ago by providing solutions to generate revenues and reduce

“Now like the air transport industry as a whole, we are growing healthily in terms
of volume and looking for new ways to help our customers. SITA has come out of this
challenging period in better business and financial shape and is now ready to lift
its performance to the next level.”

“In 2005, SITA did a good job supporting our air transport community. Both the
applications services and the communications services businesses exceeded their new
business targets by 30%. This has helped create a solid foundation for integration
into a single SITA organization planned to start this July.” 

“This change, which is designed to deliver a clear shareholder strategy, a
stronger position in the market place, a single integrated approach to the customer
and a simple and cost effective governance, management and organization structure,
will be subject to member approval at our Annual General Assembly in June.”



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