SITA said its "2009 Airline IT Trends Survey," released this week, revealed that carrier investment in information technology "is set to reach a new low this year as aircraft operators cope with unprecedented financial losses." According to the survey, IT and telecommunications spending as a percentage of airline revenue is forecast to be just 1.7% in 2009, the lowest level since 2002. "Many airlines are in survival mode," SITA said, explaining that "72% of survey respondents intend to ...

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