Airline tech vendor Datalex had a spectacular accounting meltdown in 2018. Lufthansa, its largest customer, wants to kill its contract. Meanwhile, Datalex's auditor threw up its hands and quit. What a mess.
Datalex, which provides tech to help power ticket booking on airline websites, is desperate for good news, which is why the company's words in the next few months should be treated with skepticism. That said, a lowered share price may make the vendor a takeover target.