Business Services Industry
Southwest Airlines to Cut Its Travel Agency Sales Commission Rate.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, December, 2000 by Reed, Dan
Dec. 13--Southwest Airlines waited nearly five years longer than its more traditional rivals, and it didn't go as far as they have gone, but the Dallas-based industry maverick said Tuesday that it too will cut its travel agency sales commission rate from the traditional 10 percent.
Beginning Jan. 1, Southwest will pay travel agents an 8 percent commission on the sale of electronic tickets for flights on Southwest, capped at a maximum commission of $30 on a one-way ticket or $60 on a roundtrip ticket.
Additionally, the airline said it will pay travel agents only 5 percent commission on the sale of conventional paper tickets for flights on Southwest, also capped at $30 for one-way and $60 for a round-trip bookings.
The move follows by nearly...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
