Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
The global air cargo market produced a strong start to 2018, as traffic increased 8% year-over-year (YOY) in January, up from 5.8% annual growth in December. Per IATA’s January Air Freight Market Analysis, released March 7, global manufacturers continue to report strong demand for their exports, particularly in Asia-Pacific and Europe.
São Paulo-based LCC GOL reported a BRL378.2 million ($114 million) net profit for 2017, a 65.7% drop from BRL1.1 billion in 2016 net income, as the company paid BRL547 million in deferred income taxes during the year.
