Manufacturing Industry
Virgin Express cuts commission to 0%
Airline Industry Information, Jan 14, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Virgin Express (Euronext:VIRE) has said that the airline is to apply a "zero commission" distribution policy from 1 April 2005.
Virgin Express also said that all bookings made before that date, irrespective of the actual travel date, will still be eligible for the 9% commission currently charged. The decision was reportedly made because of a change on the market - the airline's competitors have reduced their commission levels to 0%.
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