Nikhil Ravishankar
๐ค SpeakerAppearances Over Time
Podcast Appearances
And from that point on, I fear that the recovery to normal might be a slow sort of drag, a sting in the tail.
That's right.
We've been working on building a very big and healthy war chest post-COVID.
And so at this stage, that is not an issue.
Yeah, at this stage, you know, we've done about 5% of consolidations.
So reduce flying frequency by 5%.
That takes us out till the end of the July school holidays.
And as we speak, we're looking at whether we make further cuts.
That could be either just extending that 5% of cuts into the subsequent three months or going a little deeper.
And that's the piece of work that we're doing.
Even if we were to go down a little deeper in terms of how much cuts we take, it won't be materially different.
In some cases, we'll paint the wall another day.
So like households around the country, we're going to tighten our belts too.
We have to trim some of the discretionary spending.
We are doing that.
But in a lot of cases, if it relates to running a reliable, safe, punctual service for our customers, we won't be skimming on that.
Do staff get cut?
We are looking at cuts in that space, specifically in sort of the indirect workforce.
How many?
We haven't worked that out yet, Mike.