State-owned Chinese aviation distributor and IT provider, Travelsky, reported revenue of $409m (RMB 2,733.6m) and an EBITDA of $290m (RMB1,935.3m) for H1 2016. With its system handling over 251m flight bookings in six months, the results also revealed how the recent acquisition of OpenJaw Technologies for $39.4m has boosted profits. GuestLogix, the previous owner of Dublin-based OpenJaw Technologies, filed for creditor protection earlier in the year.
OpenJaw Provides Immediate Benefits to Travelsky, References Suggest
