Datalex to Lose Lufthansa Tech Contract After Management Fiasco

Datalex, a software maker for airlines, continues to spiral after an accounting disaster last year. The company, based in Dublin, risks losing its largest customer, Lufthansa Group, while the tech vendor's new bosses may choose to prosecute its former top bosses. Lufthansa Group is ending its contract with the vendor, a group spokesperson said. Datalex said late last week it would challenge the termination notice because it believed the move was illegal. Lufthansa had hired Datalex to make a new digital commerce platform. Datalex had reported to investors last year that the project was "on schedule," with a first phase to arrive by the end of last year. But Datalex didn't keep the project on track. Ignoring that fact, the company overstated revenue — booking revenue in 2018 for phases of work