Air India’s board on Thursday reviewed a range of cost-cutting options, including possible furloughs, as the loss-making carrier grapples with mounting challenges, mainly triggered by the West Asia conflict. The meeting was held at the airline’s headquarters in Gurugram, Haryana, and lasted for more than three hours after beginning at around 11.30 AM.

According to sources news agency PTI spoke to, the board discussed several steps aimed at reducing costs. These measures could include placing employees on furlough and delaying bonus payouts. At Air India, bonuses are performance-linked and form part of employees’ overall cost-to-company package.…