Scamster makes 389% profit margin selling official travel tickets to Members of Parliament

by Devesh Agarwal A ticket bought for Rs. 17,270 was sold to the Rajya Sabha secretariat for Rs. 67,270, a 389% mark-up!! We regularly hear either the Minister of Civil Aviation, Mr. Ajit Singh, or the Director General of Civil Aviation, Mr. Mishra, calling for airlines to curb their fares and not indulge in price…

Singapore Airlines slashes fares from India

Singapore Airlines has announced a new low fare sale from India to select destinations in South East Asia and Australia. As per the ad in today’s Times of India, Bangalore edition, the fares round-trip ex-Bangalore to Singapore is INR 16,830, Denpasar/Bali/Kuala Lumpur/Penang/Langkawi/Kuching/Bangkok INR 23,980, Sydney/Perth/Brisbane/Melbourne/Adelaide INR 41,350. These include taxes and surcharges. Fares are for…

oneworld first to sell round-the-world fares on-line

oneworld, the global airline alliance, claims to have become the first to launch a new internet booking tool to allow purchasing of multi-airline round-the-world air tickets. The oneworld Explorer fare tool is available on the Oneworld website, making the airline alliance the first alliance to offer public fares for sale on the internet. All oneworld…

The age of zero commission and zero guarantees

The “Zero Commision” ruckus has been ratcheted up another step, by the travel agents. As per various news reports, In a move aimed at forcing airlines to revoke their decision to withdraw the five per cent commission, previously built-in to the ticket prices, and paid to the travel agents, over 2,500 travel companies, including IATA…

India’s new cheap travel search launched

CompareSasta.com is the newest entrant in the online travel search market, and has started its service by offering a comprehensive real-time price information of flights and bus travel in India. CompareSasta.com is trying to be India’s leading price comparison website by enabling consumers to search, find, and compare a complete range of products and services…

Indian Travel Agents need to EARN their income

From October 1, 2008, airlines in India are going to stop paying commissions on their tickets sales by travel agents. Travel agents are understandably incensed. Until about a year ago they used to earn 9% commission, which was dropped to 5%, and in another 2 months, will drop to 0. Industry experts say most small…

Thomas Cook India launches travel portal

Will target internet savvy leisure and corporate travellersBy Anita Jain | Mumbai Thomas Cook (India) Ltd. launched http://www.thomascook.in, a complete travel portal offering end-to-end travel solutions for both B2B and B2C customers, in Mumbai today. The portal will offer hotel inventories from UK based hotels4u.com, which was acquired by Thomas Cook in February this year.…