Datalex says $125 a barrel oil may help it generate business from US airlines
May 16th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Datalex, the Irish travel software company, today published its Interim Management Statement in respect of the four months to 30 April 2008. It said that notwithstanding the broad risks and uncertainties that persist in the global economy, the current market dynamics in the travel industry, particularly in the US airline segment, should represent a positive opportunity for Datalex. With oil passing $125 a barrel, its TDP product suite provides airlines with an opportunity to reduce distribution costs, improve competitiveness and, most importantly, generate additional sources of ancillary revenue.