Jet Airways : 1900 jobs cut

Oil has cooled down, but it will take some time for the benefits to Aviation industry to be visible. Moreover, now the economic slowdown is going to hit the aviation industry, not the oil.
This is the start in India. Jet Airways lays off 1900 employees.

Battling a clawing downturn enveloping the aviation industry, Jet Airways on Wednesday announced sacking of 1,900 of its employees across all operations.