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.
Mexico City-based ultra LCC Volaris, faced with an extremely competitive low cost market combined with fluctuating currency exchange rates, posted a MXP595 million ($30.2 million) full-year net loss for 2017, a reversal of the airline’s MXP3.5 billion net profit in 2016.
A solid fourth quarter performance in passenger revenue and cost containment pushed Panama City-based Copa Holdings toward a $370 million net profit for 2017, a 10.6% increase from the company’s $335 million net income in 2016.
A solid fourth-quarter performance in passenger revenue and cost containment pushed Panama City-based Copa Holdings toward a $370 million net profit for 2017, up 10.6% over the company’s $335 million net income in 2016.
