Full year Ebitda loss to fall to $2.9m as travel retail software company signs new deals with LatAm Airlines and Air Macau
Datalex
Travel software firm appears to get vote of confidence as Pageant and O’Driscoll raise their holdings
Dublin market up slightly with shares of Kerry Group advancing 2 per cent
Corkery is set to finish up in Datalex in a few weeks’ time, having officially handed over the CEO reins to his successor, Jonathan Rockett, early last month
Deal comes less than a week after easyJet went live with Irish travel software group’s merchandiser product
Irish index falls 1.5%, dragged lower by declines in travel and building stocks
Airline also extends existing deal for five years
Businessman has been chairman for close to four years and has spent almost €382,600 acquiring stock in the company since his appointment
Irish index follows European peers as banking stocks, food and property shares dip lower
Upended by the pandemic, airline software company has had to borrow again from Dermot Desmond
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
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