Air India may slash routes to cut losses
29 August 2011Cash-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
