Friday 31 October 2008

IATA to stop issuing tickets of 16 airlines from tomorrow

The IATA Agents Association of India will not be issuing tickets of 16 airlines, including Air India, Jet Airways, Kingfisher and Air France from tomorrow in protest against the proposed move by airlines to stop paying commission to travel agencies for sale of tickets.

Various airlines had sent notices to the travel agencies, stating that they would not pay the commission from November 1, Biji Eapen, IATA President said while addressing a convention here on Friday.

MPs – K Chandran Pillai and P C Thomas have extended full support to the IATA agents.

Eapen said nearly one lakh travel agencies are facing the threat of closure, affecting about 10 lakh employees.

The agencies receive five per cent commission on the sale of tickets.

Over 90 per cent of the airlines tickets are sold through the travel agents.

Source: EconomicTimes

Posted by Harsh at 08:51

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