Air India embarks on cost-cutting to save $200m
State-owned Air India has announced that it will be making multi-million dollar cuts after the Indian government told it to improve its finances.
The airline controls nearly a fifth of the domestic air travel market, but recently had to be bailed out by the government.
Air India says the restructuring will save it more than $200m (£132m). Ashleigh Nghiem reports from Mumbai.
20 Jan 2015
- From the section Business