SITA Reports Record Results as it Pursues a Strategy of Fast-Growth and Expansion
Source: SITA As SITA celebrates 75 years at the forefront of air transport IT, the company continues on a trajectory of growth, winning landmark contracts and addressing the major trends of digital transformation, digital travel, and sustainability SITA, the global leader in technology solutions for the air transport industry, has announced record results for 2023 as revenues reached almost US$ 1.5 billion. This represents a rise of 7% on the prior year, with all signs so far in 2024 indicating similar positive performance this year. Unveiling the results at SITA's Annual General Assembly in June, SITA CEO David Lavorel also cited growth in margin and EBITDA, which exceeded plans by 4%. "Every one of our customers and members benefits from [...]