Financial Daily from THE HINDU group of publications Friday, Jun 11, 2004 |
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Airlines `Travel bandh' today to protest cut in agents' commission Our Bureau
Mumbai , June 10 THE Travel Agents Federation of India (TAFI), a representative body of the travel industry, has called a "travel bandh" on Friday to protest the decision of foreign airlines operating out of India to bring down the commission payable to their travel agents to 5 per cent. According to the President, Mr Yatin Dossa, the federation expects support not only from its own members but also from non-members. Federation members across the country are expected to keep their offices closed on Friday in what Mr Dossa called a "silent protest". He added that representatives of the TAFI and TAAI (Travel Agents Association of India) would meet with the foreign airlines on Friday in the Capital. The federation, he said, would seek a return to the old commission rate of 9 per cent. In the current instance, the airlines have proposed a 2 per cent cut in the commission to 5 per cent. "This is a matter of survival for us and we will not shy away from registering further protests should it be required," said Mr Dossa.
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