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41. Singapore Airlines to Cut 4,300 Jobs
The Singapore Airlines Group (SIA) has announced that it plans to layoff around 4,300 employees across its airlines. After taking into account a recruitment freeze, natural attrition, and the take up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations.
42. Flight Centre Secures AU$900 Million in Additional Funding
Flight Centre Travel Group (FCTG) has secured AU$900 million through a mix of capital raising and new debt facilities. The strengthened balance sheet and liquidity complements initiatives to cut costs implemented by FCTG to help overcome the unprecedented travel and trading restrictions imposed by governments in response to the COVID19 pandemic.
43. Significant Job Reductions at Qantas
Significant Job Reductions at Qantas. The Qantas Group is to cut 1,500 jobs worldwide in response to the sustained high oil prices and changing economic conditions. In addition to the job cuts, Qantas will not implement its budgeted growth in flying in the 2008/09 financial year and is cancelling plans to hire a further 1,200 people for that growth.
44. Hilton Commits to Cutting Environmental Footprint in Half
Hilton has unveiled plans to cut its environmental footprint in half and double its social impact investment by 2030. Hilton will institute science-based targets to reduce carbon emissions and send zero soap to landfill.
45. Accor to Close More Hotels; Cut Costs
Over the past three weeks, the COVID19 crisis has grown to almost unbelievable proportions, with over half of the world's population either confined and/or under lockdown. With so few people now travelling, more than half of Accor-branded hotels worldwide have been closed, and this is likely to increase to over two thirds in the coming weeks.
46. KLM Implements Honeywell’s GoDirect Fuel Efficiency Software
Honeywell has been chosen to provide fuel-management services across KLM's fleet of 115 commercial aircraft and four Martinair cargo aircraft. Using data analysis, reporting and monitoring tools, Honeywell’s GoDirect Fuel Efficiency software provides fuel-saving recommendations that airlines can deploy immediately and is expected to help reduce carbon emissions and cut fuel costs b
47. Japan Airlines Invests US$10m in Boom Supersonic; Signs Pre-Order for 20 Aircraft
Japan Airlines has entered into a strategic partnership with Boom Supersonic to bring commercial supersonic travel to passengers. Boom is developing a new-generation supersonic aircraft which flies at Mach 2.2, and could cut flight times in half. Through this agreement, JAL will provide its knowledge and experience as an airline to support Boom in developing the aircraft.
48. Four Seasons Resort in Vietnam Opens On-Site Water Bottling Facility
The luxurious Four Seasons Resort The Nam Hai in Hoi An, Vietnam has become the latest hotel in the region to open an on-site water-bottling facility. Estimated to cut an estimated 5.8 tons of plastic waste annually, the facility uses state-of-the-art filtration systems such as UV and reverse osmosis filtration to ensure guests enjoy the freshest, cleanest water – without any plast

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