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Virus Forces Air India To Go In For Cost Cutting
Mail Today
|March 19, 2020
Air India on Friday announced cost-cutting measures by withdrawing special allowances for pilots and other facilities for its officials from April 1 as airlines across the world face are fast running out of cash with reducing global and domestic travel.
“Keeping in view the financial position of the company in the wake of recent global developments, a need is felt to take steps to contain costs as far as possible. Airlines all over the world are taking steps in this regard, with a few having taken very aggressive action,” said Air India in a statement.
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