Saturday, April 21, 2012

Air India to sort out pricing issue with online travel agencies

Mumbai: Air India will be meeting major online travel agencies to sort out issues concerning ticket pricing and revenue sharing.
Airline companies are at loggerheads with travel portals on ‘opaque fares'. Airlines like Indigo and Jet Airways had pulled out inventory (removed their tickets) from the Nasdaq-listed Web site makemytrip.com in protest against the ‘opaque fares' scheme the portal deployed on its Web site.
‘Opaque fares' is a practice where a portal sells heavily discounted tickets. It is a form of blind booking as the identity of the airline is kept a secret till the buyer pays for the non-refundable ticket.
Late last month, aviation regulator DGCA had directed all airlines to stop participating in any ‘opaque fare' scheme being offered by the online travel portals
20/04/12 Business Line
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