Air India Layoffs: Middle East crisis: Air India says no layoffs planned, asks staff to cut discretionary spending – The Times of India

air india file photo

Air India has told employees that it does not anticipate layoffs despite mounting financial pressures linked to the Middle East conflict, while also directing teams to sharply reduce costs and suspend discretionary spending.During a townhall meeting on Friday, Air India chief human resources officer Ravindra Kumar GP assured staff that job cuts were not expected …

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Sky‑high losses: Iran war drives airlines to biggest crash since Covid – $50bn gone – The Times of India

global airlines bleeding billions due to iran war ap

Global airlines have suffered their worst financial shock since the COVID‑19 pandemic as the ongoing war involving US Israel and Iran has disrupted industry operations, wiping more than $50 billion off the market value of the world’s largest carriers amid rising fears of fuel shortages.The conflict, now entering its fourth week, has grounded flights, disrupted …

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