Gulf Times - cost-cuts
India's Jet Airways nosedives after earnings delay

India's Jet Airways nosedives after earnings delay

Jet Airways slid 8.04% in morning trade, a day after it told the Bombay Stock Exchange that it was delaying releasing its first-quarter results.

Air India sale flop to swing focus to cost cuts

Air India sale flop to swing focus to cost cuts

Civil Aviation Minister Suresh Prabhu said on Tuesday the government will review its plans to privatise Air India at a later date.

Lufthansa eyes cost cuts as bookings hit by Europe attacks

Lufthansa eyes cost cuts as bookings hit by Europe attacks

Lufthansa said it will focus on reducing costs this year after attacks deterred travellers from booking trips and resulted in a profit warning for the German airline group.