SITA SCSociete Internationale de Telecommunications Aeronautique SC (International Society for Aeronautic Telecommunications)
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The company began this process with the restructuring of its global organization two years ago, and is now implementing a series of initiatives to increase revenues across the industry and at the same time, according to SITA SC CEO director-general, Hans-Peter Kohlhammer, transform SITA from a technology network company into a value-added integrated service provider.
SITA is not, however, a shareholder, although SITA SC's CEO, Dr.
SITA SC is the only global communication services integrator working solely for the travel and transportation industry.
SITA SC, its communications services arm, counts among its board members Shunichi Saito, an executive officer at JAL, and ANA is another important customer.
SITA SC CEO Hans-Peter Kohlhammer claims today's ultracompetitive business environment "keeps him awake, and focused on what he can do to make the company better." The director-general of the largest part of the SITA Group now aims for 2 percent profit.
SITA Annual General Assembly voted to endorse the recommendations of the SITA Group board to consolidate SITA SC, a nonprofit provider of network communications, and SITA INC (Information Networking Computing), a commercial provider of IT solutions, into a single SITA organization under one management team.
SITA INC revenues rose 13% to $726 million while SITA SC revenues totaled $828 million.