Travel software firm Datalex says there are signs that the travel industry is slowly beginning to emerge from the difficult conditions of the past 18 months.
In a trading update, it said its performance in the first four months of the year had been in line with expectations. Revenue in the period was $8.8m, flat compared with the same period last year, but it said there had been a noticeable improvement in the pipeline of new business.
Transaction revenue was also flat at $4.6m, with Datalex estimating that disruption from volcanic ash had cost it around $200,000 in this area.
The company said costs in the period had been reduced by $1.5m to $9.4m.
