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Swiss
International Air Lines (SWISS) has announced it is to maintain its basic
commission rate for Swiss travel agents at 7 per cent and will not introduce a 0
per cent commission rate until January 1, 2005.
Since the beginning of this year, SWISS has been conducting intensive talks
with travel agency representatives on the future commission policy. The decisive factors in the examination of the currently valid 7 per cent basic
commission model were the present economic situation at SWISS and also the pressure of many European airlines to cut travel agency commission
payments in their home markets.
Against the background of the difficult economic environment, which also
affects the travel branch, SWISS has decided to introduce the 0 per cent
commission model in the year 2005, thus giving the agencies adequate time to
prepare for this new form of collaboration.
New fare structure
In Autumn this year, SWISS
is to introduce a completely new product and fare concept for European
destinations, offering simpler, cheaper and more flexible fares. Based on the new competitive fares and a
transparent commission policy, SWISS said it looks forward to the continuation of
the partnership with Swiss travel agencies. |
