Singapore Airlines made a good profit in its core business last fiscal year, but the airline witnessed a massive loss attributed as its share of the losses of Air India.
Recent Economic turbulence has forced Air India to reexamine its network, and cut down on the number of flights it will operate in the coming months on international segments.
Air India will be taking some measures to reduce losses and keep a check on costs, for now. Here are the details, in the face of a huge loss last year.