Ctrip.com Slides More Than 14.5% on Report That 3 Airlines Cut Commissions to Travel Agents

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Uploaded by on Jul 6, 2010

Regular Session: Ctrip.com Slides More Than 14.5% on Report That 3 Airlines Cut Commissions to Travel Agents
2:09 PM, Jul 6, 2010 -- Ctrip.com (CTRP) is down after Sina.com reports that the 3 leading domestic airlines in China - China Eastern, China Southern and Air China - have cut the commission rates paid to travel agencies for certain domestic flights. The cuts reportedly affect flights from Shanghai and Beijing.

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