Cost-cutting Measure
Cost-cutting measure refers to any action taken by an airline to reduce its expenses and increase profitability. These measures can include reducing staff, cutting back on in-flight services, reducing the number of flights, and using more fuel-efficient aircraft. Airlines may also implement cost-cutting measures by outsourcing certain services, such as maintenance or catering, to third-party providers. While cost-cutting measures can help airlines remain competitive and profitable, they can also have negative consequences, such as reduced customer satisfaction and safety concerns if maintenance is outsourced to less reputable providers.
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