Irish travel retail technology company Datalex has reported a bumper financial performance for the first half of the year.
The airline-focused B2B company said revenues for the first six months of 2023 amounted to $12.9m; 24% ahead of the corresponding period last year.
Datalex said: “This year-on-year improvement is, primarily, attributable to increases in services revenue as activation of new customers continue and existing customers invest in technology Post-Covid.
Datalex recently signed South American carrier LATAM as a new client and has high revenue and profit hopes as there are a number of customer “go-lives” pending. The company also, this year, successfully renewed four key airline customers in Air China, Air Transat, Edelweiss and JetBlue – all of which will secure transaction revenue for Datalex over the next 4-5 years.