SFOMEX From , joined Dec 1969, posts, RR: Posted (10 years 1 day 18 hours ago) and read 1354 times:
AM has started to promote his franchise system to commercialize its products and services.
According to its Marketing Director, they are planning to sell 45 franchises this year alone and 55 during the 2006. The cost of the franchise itself goes from $20,000 to $50,000 dollars, with a total inversion between $100,000 to $150,000 dollars.
According to Mr. Fernández, the utility margin is around 12 to 21%, recovering your investment in 48 months.
Rojo From Spain, joined Sep 2000, 2497 posts, RR: 9
Reply 3, posted (10 years 1 day 16 hours ago) and read 1257 times:
Ok, I thought Travel Agencies were a certain kind of Airline ticket franchise. Not long ago travel agencies in Mexico used to have AM and MX ticket stock which did not operate through the BSP clearing system, but through AM and MX clearing system. If you get an AM franchise, then AM has to pay certain fee for every ticket sold, then what is the purpose of reducing the fees to travel agencies? And saying that AM wants travel agencies to sell only AM tickets will not be a good reason.
Are AM management team stupid??
...I guess they are!
Give the position of Airline CEO to an ex TV CFO and you'll get brilliant ideas!!