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SpiceJet may axe 2000 jobs to cut losses; rejig top management

Last Updated: Monday, January 19, 2015, 13:20

Indicating the prospects of a lay off, Sun Group CFO has said that if SpiceJet has to stay in this sector then the huge manpower must be trimmed down.

Air India to cut costs by Rs 1,400 crore to reduce losses

Last Updated: Monday, January 19, 2015, 10:50

Air India, which controls close to a fifth of India`s domestic air travel market, has been losing money for years and has long been criticised for its high costs.