Money

Supply chain crunch could lead to more flight cancellations

Published

1 year ago

January 11, 2023

ticker NEWS

One of Africa’s largest airlines has warned it could cut some flights amid supply chain issues

Kenya Airways is reportedly experiencing flight disruptions due to delays in securing aircraft components required for maintenance.

The airline, which is one of Africa’s biggest, may be forced to cut some flights if the challenges of getting the parts persist, Chief Executive Officer Allan Kilavuka said in a statement.

“The challenges have been occasioned by the Ukraine war crisis, which has significantly crippled the Russian supply chain crucial to global aviation,” he said.

The supply chain issues stem from Russia’s war in Ukraine; and a backlog of Covid-19 part orders. Russia is a key supplier of titanium, which is used by the aviation industry, and is crucial to the maintenance of planes.

Kenya Airways, whose strategy hinges on connecting African travellers to the world and vice-versa through its Nairobi hub, operates a fleet of Boeing and Embraer planes.

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Research key to investment success

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May 6, 2024

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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.

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

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9 hours ago

May 6, 2024

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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

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Unpacking crypto ‘prop trading’

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3 days ago

May 4, 2024

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.