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Air India may slash routes to cut losses

29 August 2011

Cash-strapped Air India is mulling several options, including closing operations on routes where the losses were high in a bid to reduce mounting expenditure.

Civil Aviation Minister Vayalar Ravi yesterday said the loss-making routes of the state-owned carrier, however, have not been identified yet but the process is underway.

Our focus is on reducing expenditure. We are discussing several options, including closing operations on loss-making routes,” Ravi told reporters on the sidelines of a function here.

source: tribuneindia.com

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