Jetset Travelworld Group and Breakaway Travel have terminated their commercial agreement after a period of uncertainty at the Breakaway franchise network.
Air Tickets, JTG’s in house air consolidation business, has given Breakaway 60 days notice with the arrangement set to officially terminate at the end of May.
Breakaway meanwhile has told Jetset Travelworld Network of its intention to end their three-year-old plan land content deal.
JTG had been reviewing the deal since the collapse last month of Breakaway Fairfield, part owned by Joe Sammut who was a 50% shareholder of the franchise.
Air Tickets general manager Russell Carstensen said the “two companies were moving in different directions”.
“We wish them well in the future,” he said.
But it was the collapse of Breakaway Fairfield which precipitated the review of the commercial agreement. Air Tickets was a creditor of the failed agency which also owed the International Air Transport Association (IATA) more than $420,000.
Breakaway Travel general manager Scott Cammell confirmed the Air Tickets split and told Travel Today the network was in the process of establishing arrangements with other partners.
He added Breakaway was “reshaping the business” which required a review of its existing commercial arrangements.
A relaunch of Breakaway is expected in the next couple of months with a new “value proposition”, Cammell said.
