In 2012, based on the general principles of self-design and group innovation, the Group completed the overall planning and overall structural design of the new-generation aviation passenger service information system (“New Generation System”), which determined the direction of the research and development of functional modules of subsequent sub-systems and laid a foundation for the development and establishment stage. The Group further improved the R&D management system of the New Generation System and perfected the management system, R&D workflow and incentive mechanism to enhance the systematicness and scientificalness of project management. Besides enhancing the cooperation with major commercial airlines in China and international counterparts, the Group also focused its strengths and resources on achieving breakthroughs by launching the graphic front-end system for inventory control and overseas departure front-end system, dynamic information services for high-end travelers and sales solutions for auxiliary services for commercial airlines and establishing the sub-systems of the New Generation System in an orderly manner to address urgent problems faced by customers.

Source : Travelsky Announcement of Annual Results(Page 10): 27 March 2013