HomeTravel NewsIrish Travel Tech Firm Datalex Lowers Losses, Boosts Revenue

Irish Travel Tech Firm Datalex Lowers Losses, Boosts Revenue

Irish travel technology company Datalex – which provides retail technology for airlines such as Aer Lingus, JetBlue and EasyJet – has reported a 23% increase in revenue to just under $29m.

The company also lowered its after-tax losses from $11.5m to $9.1m, as new clients and a full recovery in air travel boosted growth.

Jonathan Rockett, CEO, commented: “The Group achieved a number of positive milestones during 2023 that have set a solid foundation for 2024 and beyond.

“A significant step in 2023 was the renewal of our partnerships with Air China, Air Transat, JetBlue, Edelweiss and Aer Lingus. In addition to these renewals with existing customers, the Group entered into new partnerships with LATAM Airlines and Air Macau in 2023. Another highlight was EasyJet going live with our Merchandiser product – being the start of a multi-year activation project.

“We have a number of transformation projects continuing in 2024 and 2025 for our new and existing customers. These projects are important stepping stones to unlock value for our customers and for Datalex.”

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.

Must Read