wordpress blog stats
Connect with us

Hi, what are you looking for?

Not Surprisingly, Cleartrip To Launch Rail Ticketing; Rs.30-35 Margins

Online Travel Agent Cleartrip is planning to launch Railway ticketing today according to LiveMint, thus becoming only the second OTA to offer the service after Thomas Cook. The launch isn't surprising, since Cleartrip was among the first OTAs to launch a Railway ticket search earlier this year, sans the booking capability. I just gave it another go, and they haven't allowed users to book tickets just yet. We've written to Cleartrip for a confirmation that the launch is planned for today. Not unexpectedly, MakeMyTrip, Yatra and Ezeego1 also plan to start rail bookings. Cleartrip co-founder Hrush Bhatt offers some insight on the margins - which are around Rs. 30-35. While that is low, it's still better than the 0 percent commission that the Airlines will be enforcing by the 1st of November. That said, crude oil prices fell below $92 to the barrel yesterday, down from a high of over $140. It's too early to tell - the fall was rather drastic, so might recover, but if Aviation Turbine Fuel (ATF) drops as well, one just might see Airlines go back on their plans. At least the agents (both online and offline) will now have a case for a commission. Over the next few months, we'll track the impact of the increase in online outlets offering Rail ticketing on the IRCTC numbers. Some details for July and August: Much more here. Other Developments in the Travel Space -- Zoomtra Goes International: Smile Interactive promoted travel meta-search engine Zoomtra has launched…

Please subscribe/login to read the full story.
Written By

Free Reads

Drones

News

Once the system receives the required validation, five more such MDVs will be introduced into the Commissionerate Police fleet

News

The lure of Grok AI to Premium X Subscribers might let Musk salvage the decline in the social media usage in recent times.

News

Merchants win a significant battle against Visa and Mastercard's fee structure, but the war on fair charges is far from over.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ