Indian government suggests AI turn to low-cost model

"Air India announced formation of a "turnaround committee" comprising management and union representatives who will "make presentations identifying areas where savings can be effected." The Indian government told the airline this week that aid will be tied to performance improvements. Yesterday AI announced a voluntary leave (for up to two years) without pay option, according to The Economic Times, although a union leader told the Press Trust of India that employees will not negotiate wage cuts." Next.