Indian airline IndiGo has become the latest carrier to reveal how hard it has been hit by the collapse in demand for flights due to Covid-19, EDNews.net reports citing BBC.
The country's largest airline said it will shed 10% of its staff as it grapples with a slump in revenues.
Last month, IndiGo said it would cut up to 40 billion rupees ($533m; £420m) in costs.
Airlines across the world have been hit hard by coronavirus-related travel restrictions.
In a letter to investors IndiGo's chief executive Ronojoy Dutta said: "It is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations."