Jet Airways agrees to give three percent commission to agents on gross fare
Published: 09 Dec 2008: Jet Airways has agreed to pay three percent commission on gross fare (defined as basic fare plus fuel surcharge) of domestic and international tickets sold in India.
The commission scheme will come into effect immediately and will replace the transaction fee model recently introduced.
"Recognising the difficult economic environment for the travel industry as a whole, Jet Airways engaged in a constructive and intensive dialogue with the Travel Agency Associations to find solutions acceptable to the airline and the partners in the travel trade," stated Jet Airways.
The company stated that JetLite will continue with the practice of transaction fee model consistent with the practice adopted by the other LCCs.
Over 2,500 travel companies, including IATA travel agents and online travel agencies (OTAs) in India, had decided against selling Jet Airways´ tickets.
As per the information available, Jet earns revenues of US$3.62 million every day, out of which US$3.24 is generated by travel agents (online and offline).