Datalex confirms positive outlook for year
Dublin-based travel retail solutions provider Datalex has seen a 1.3% increase in revenues to $13.3m in the first half of the year.
In March, Datalex said its 2011plan was to deliver further business growth on its 2010 performance, a year in which we acquired six new customers and became cash flow positive for the first time.
"Our performance in H1 2011 has been in line with meeting these expectations," the company said today.
"This year to date has been characterised by a number of new business wins, and the successful go live of our Travel Distribution Platform (TDP) platform at a number of new customers, both of which will deliver transaction revenue growth in the second half of 2011, and through 2012."
New customers have included Air China and Spanair.
In March, Datalex was awarded the contract by the new United Airlines, which was formed by the merger of United Airlines and Continental Airlines, for their Mileage Plus loyalty system, the largest loyalty and redemption platform in the world.
Under the terms of the deal, United will remain a Datalex customer until at least 2017.
