MakeMyTrip is offering chartered flight services on its platform as slump in airline ticket and hotel bookings forces companies to tap new revenue growth models. While regular airline ticket sales have zero or minimum commission, travel agents can now earn around 5 per cent commission on chartered bookings.
Domestic airline capacity is currently less than 30 per cent of July 2019 levels and leisure travel has come to a halt because of visa and quarantine restrictions.
Against this backdrop, travel companies are working on alternative strategies to earn revenue.
MakeMyTrip joins the league of peers Yatra and Thomas Cook, which,