Financial Daily from THE HINDU group of publications
Monday, Mar 14, 2005
Financial Daily from THE HINDU group of publications Monday, Mar 14, 2005 |
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Logistics
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Airlines Southern travel agents to protest AI cut in commission Our Bureau
Chennai , March 13 TRAVEL agents in the southern region are returning all promotional materials such as the Maharaja, model aircraft, cutouts, brochures and posters to Air India in protest against the reduction in airline commission. On Monday, members of the Travel Agents Association of India (TAAI) are assembling in front of the Air India office in Chennai to make a token protest against the reduction of airline commission from 7 per cent to 5 per cent, Mr N.R. Kumarswamy, Chairman, TAAI Southern Region said. They will also be wearing black badges as a token of protest. The agents are not returning ticket stock as yet, he said. But a decision on this will be taken later this month, Mr Kumarswamy said. The national carrier has informed the travel agents that the reduction in commission will be effective from May 1. The move to reduce agency commission is not a new one. Last year, Lufthansa also made a move to reduce the commission but was not successful, as there was resistance to this move.
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