Jet Airways chairman Naresh Goyal has urged employees to take a relook at all costs and strengthen revenue in the face of unknown challenges next year. In a New Year mail to employees, Goyal also said the airline would rationalise operations and open new routes. In the first half of FY19, Jet made losses of over INR25b, while its year-on-year revenue growth was only 3.5%. The revenue growth has been slower than capacity induction, indicating intense pricing pressure. The airline is targeting INR20b worth of cost savings over the next 2 years. Over the past few months, the airline has delayed salaries and vendor payments, cut down on network and laid off staff. It is looking to restructure debt of over INR80b and seeking fresh capital. <br/>