Datalex opens Beijing base during trade visit

Irish travel software firm Datalex has opened a new office in Beijing.

The announcement was made during Enterprise Ireland’s trade and investment mission to China this week, led by Enterprise Minister Richard Bruton.

“A permanent local presence in China is an important step in our market strategy as the world’s leading provider of airline e-commerce and merchandising solutions,” said Aidan Brogan, CEO of Datalex.

“Chinese airlines continue to lead by every industry growth metric including double digit growth in passenger demand each year.”

Welcoming the announcement yesterday, Mr Bruton added: “The Chinese market plays a key role in the Government’s plans for jobs and growth, and in the past year exports here from Irish companies have increased by a quarter. Today’s news that Datalex, a fast-growing Irish company in the online travel area, is opening a new office in Beijing is a great example of the great work being done by Irish businesses over here.”

Domestic air travel from China expanded by 11.7% in 2013, according to the International Air Transport Association.

In May, Datalex announced its transaction revenue rose by 18% in the first quarter of 2014, adding that they were on track to meet a previously announced target of adjusted growth in earnings before interest, tax, depreciation, and amortisation of 18 to 20% in the 2014 financial year.

— Business Post News Service