Business Standard
Wednesday, Jan 07, 2009
drived banner
drived banner
  Site Map | Feedback Advanced Search   RSS | Blogs
| | | | | | | | |
Home > Economy & Policy Live Markets | Smart Portfolios 
  Search: Google

Left steps in as travel agents stop ticket sales
BS Reporter / New Delhi November 21, 2008, 0:48 IST

Around a fourth (700) of the over 2,700 IATA airline ticket agents across the country are boycotting ticket sales of the 16 airlines, foreign and Indian, that have refused to pay them commission, even as the Left plans to raise the issue in Parliament.

 
 
News Now
Paper
Specials
- Sensex ends in green on late rally; Grasim, ACC soar
- FII-TO-FII TRADES: TV 18 traded at 7% premium
- India losing Rs 10,000 cr daily due to strike
- No more sops for auto industry: govt
- Aegon Religare to invest Rs 120 cr in six months
- Taro board trying to protect promoters' interests: Sun
More  

Travel agents said the move will impact nearly 25 per cent of tickets sold by airlines and they expect at least 1 million jobs to be threatened. Job losses could be higher since about 300,000 employees working in over 30,000 non-IATA ticket agents also face closure.

“All our members across the country have stopped selling tickets for carriers like Jet Airways, Air India and Kingfisher. We will continue to do so until they agree to pay us commissions,” confirmed Biji Eapen, President, IATA Agents Association of India, which represents IATA travel agents.

“We will also not levy the transaction fees that they have told us to,” added Subhash Goyal, chairman, Stic Travels, a travel agency based out of Delhi.

The airlines unilaterally withdrew the 5 per cent commission from November 1, citing the aviation meltdown and the need to conform to international practices. Instead the airlines have asked the agents to charge a transaction fee from customers, which they have refused to do.

Meanwhile, members of the Parliamentary Standing Committee for Transportation and Tourism, which is headed by Communist Party of India (Marxist) Politburo member Sitaram Yechury, have decided to raise the matter in Parliament when it reconvenes on December 10. Support has also come from other Left parties, which collectively have 61 seats in the Lok Sabha.

Speaking on behalf of Yechury who was unable to attend the meeting, Left trade unionist MK Pandhe said, “The Parliamentary Standing Committee stands in solidarity with the travel agents associations and will take up the issue.”

The travel agents are also meeting the top leadership of the Bhartiya Janata Party (BJP) soon to gain support from parties across political affiliations.

Airlines, however, disagreed that ticket sales had been impacted. “Apart from some agents in Kerala, no agent has boycotted our ticket sales. It is absolutely untrue that 700 agents have boycotted sales,” said a top Kingfisher sales executive.

  Read Business news in 
  Get Home Loan Counselling From HDFC - click here to know more.
  HP 2133 Mini Note PC: Mini in size, Max in performance
  Win a trip to the Malaysian Grand Prix - click here to know more
  India's premier online business magazine
  Free E-book on The Future of Business Intelligence
Share this Story  
 
 
Discussion Board / User Comments
Display Name  
Post your commentMax limit:500 characters 
Most Popular
Read
E-Mailed
Commented
   
- RIL gives in to US pressure, stops gasoline to Iran
- More lending rate cuts in Feb
- How Dish TV is striving to stay ahead
- Kolkata's runway dreams
- Q3FY09: The party's over
 
 
 More  

BS Poll
Cast Your Vote
 
   
 
Should a company focus on core competence over diversification?   Read the story
  Yes  No
Submit


   Hot Searches  
 
Mumbai Terror Attack |  CitiBank  |  Omar Abdullah  | Playstation 3 |  Reliance |  RBI |  Chidambaram |  Jet-Kingfisher |  Gold  |  India US Nuclear Deal |  Ratan Tata |  Singur |  Bailout plan |  ICICI |  Satyam  |  6th Pay Commission |  B-School |  Mukesh Ambani |   |  Chandrayaan |  DLF |  Ranbaxy |  Sensex | Tax calculator |  Anil Ambani |  Infosys  | Home Loan  | Bollywood | Subprime Crisis | Personal Finance |  inflation | oil prices | CitiBank  | Madoff | KV Kamath | Chanda Kochhar  

 
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com