Business Today

Jet Slashes Commission to Agents

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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.

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