American Airlines cancels hundreds of flights, again

Published

3 years ago

August 4, 2021

American Airlines has called off a wave of flights for a second straight day, leaving thousands of passengers stranded

The cancellation of fuelling concerns that crew shortages are adding to problems first sparked by weather and technology issues.

284 flights have been cancelled by the airline, equating to 9% of its schedule. It follows a further 563 cancellations on Monday, according to FlightAware.com.

The scrubbed service followed a weekend of storms that hit the carrier’s Dallas-Fort Worth International and Miami International hubs.

“A prolonged severe weather event in Dallas Fort Worth on Sunday night into Monday morning brought sustained heavy rain, strong winds, lightning, microbursts and hail to our largest hub,”
American Airlines said

Spirit Airlines also parked 624 flights over the two days, hit by weather and other challenges. That was equivalent to 42% of its schedule each day.

Will Australia’s foreign investment rule create an economic boost?

Published

3 days ago

May 8, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

5 days ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

5 days ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured