With Air India working on it's cost cutting activity, it is just the beginning of an exercise that almost every airline industry will consider. With the increased fuel costs, this is an important step to consider for every air-carrier company.
The most important question is, How will this affect the consumer? This would implt that the operating costs of Air India will come down leading to an increase in their operational profits (in the long run though). This will be shifted to the consumers gradually. How soon this happens is yet to be seen because taking such a step for cutting down on costs will take a long time.
The most important question is, How will this affect the consumer? This would implt that the operating costs of Air India will come down leading to an increase in their operational profits (in the long run though). This will be shifted to the consumers gradually. How soon this happens is yet to be seen because taking such a step for cutting down on costs will take a long time.
With Reliance Industries cutting costs, and AI now coming into the picture for the same, these are the measures which will benefit the consumer certainly. After all, consumer is the King and the companies have to do everything that they can to lure a consumer to choose their product or service over the others.
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1 comment:
Great blog. You cover a lot of interesting ideas.
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