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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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Why the meme-stock frenzy is unlikely to repeat

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5 days ago

May 14, 2024

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

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The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

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