HomeTravel NewsIrish Travel Technology Firm Datalex Sees Revenues Soar on Back of Client...

Irish Travel Technology Firm Datalex Sees Revenues Soar on Back of Client Wins

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.

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.

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