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Tycoon Running 500 Hotels Warns of More Job Cuts, Closures

(Bloomberg) — Minor International Pcl, which runs more than 500 hotels across 55 countries, may cut more jobs and shut recently re-opened properties as the…

Posted on October 12, 2020By: Dannielle Weintraub
  • BUSINESS TRAVEL

Honeywell cuts business jet deliveries outlook as pandemic hits aviation

By Allison Lampert MONTREAL (Reuters) – Honeywell Aerospace <HON.N> on Tuesday cut its outlook for business jet deliveries, but held out hope that most future…

Posted on October 8, 2020By: Dannielle Weintraub
  • BUSINESS TRAVEL

Cathay Pacific mulls smaller aircraft, business class cuts as Covid-19 crisis remoulds travel

© SCMP Cathay Pacific is undergoing a restructuring process to help see it through the aftermath of the pandemic. Photo: Roy Issa Cathay Pacific Airways…

Posted on October 7, 2020By: Dannielle Weintraub
  • BUSINESS TRAVEL

Southwest Airlines cuts 90,000 flights in November and December as holiday travel demand falters

Southwest Airlines cut more than 90,000 flights from its November and December schedules, trying desperately to avoid empty aircraft heading into the important holiday travel…

Posted on October 3, 2020By: Dannielle Weintraub
  • HOTELS

New jobless claims level off, but cuts keep hitting hotels, theme parks

The long tail of economic stabilization remains relatively flat as the number of Americans filing new unemployment claims last week stayed about the same as…

Posted on September 25, 2020By: Dannielle Weintraub

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