Upended by the pandemic, airline software company has had to borrow again from Dermot Desmond
Datalex
Revenues up by almost a quarter at airline retail software company amid air traffic recovery
Jonathan Rockett faces new test as first-time chief executive
He will will replace Sean Corkery who is retiring down after four years at the helm of the business
Chief executive will need answers on refinancing high-interest debt facility
Former Actavo chief was hired to stabilise the group following a major accounting scandal that saw its shares suspended
Dublin-listed company is likely to seek to raise further debt finance in the meantime
Results come ahead of investor and analyst presentations next week as group looks to refinance high interest loans
Travel software firm may need to raise €25m to clear billionaire's loan
Interest rate on the loans has been increased from 10% a year to 15.5% with immediate effect and will rise to 18% from October, says Datalex
Banking stocks rise as full-year results come into focus
Software provider says a number of projects have also been pushed out to next year, impacting 2022 revenues
Group signs contract to provide its technology to budget airline EasyJet
US shares fall on inflation worries
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