Jet Slashes Commission to Agents
Jet Airways plans to stop paying the 1 per cent basic commission to travel agents from January 1. Instead, the agents will have the option to levy a fee of up to 3.5 per cent of the basic fare and fuel surcharge. However, the sale- linked productivity bonus will continue, said the airline. The move is aimed at reducing costs. The airline had reported a sale and distribution expense of
` 2,533 crore in 2016/ 17.