Travelsky, the Chinese state-owned and Hong Kong listed aviation distribution and IT provider, has reported revenues of more than $409 million (RMB 2,733.6 million) and an EBITDA of $290 million (RMB1,935.3 million) for the first six months of 2016.
Overall, the Travelsky system handled 251 million flight bookings during the six months.
At the start of May this year Travelsky bought Dublin-based OpenJaw Technologies for $39.4 million, 18 months or so after GuestLogix bought OpenJaw for $41 million. GuestLogix filed for creditor protection this February.
OpenJaw is already contributing positively to Travelsky's bottom line. The statement said:
"Included in the revenue and profit for the period are revenue of approximately RMB24.92 million ($3.73 million) and net profit of approximately RMB4.13 million ($600,000) attributable to the additional business generated by the newly acquired subsidiary for the period between the date of acquisition and June 30, 2016."
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