Cost– cutting has been the mantra, to reduce debt burden, adhered across the globe. In a latest bid the private airliner which had a severe financial crunch in the recent past is trying to work out a major a cost-cutting strategy to reconstruct the debt ridden status. Some of the proposals on the anvil at Kingfisher airlines are about 2000 job cuts and longer work hours with allowance to the staff could be a few options to be adopted by the airliner. Industry sources said airliner could also abstain from any major hiring activities at least till August 2012.

Even before the cat is out of the bag, the airline is already said to be witnessing some attrition and recently it was reported that some of its air hostesses have left to join state-run Air India.

Kingfisher's total employee cost dipped marginally by two per cent in the last fiscal 2010-11, to Rs 676 Cr.  Its total headcount stood at 7,317 as on March 31, 2011, down from an average of 7,681 employees in the previous year ending March 2010. The airline's employees per aircraft ratio had declined in line with its fleet rationalization programs.