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.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, turned around its profitability picture in 2017, posting a $428.9 million net profit, reversed from a $161.6 million net loss in 2016.
Worldwide passenger traffic grew 7.6% in 2017, outpacing the 10-year average annual growth rate of 5.5%, as passengers responded to an overall improvement in the global economy and lower airfares, according to IATA’s Air Passenger Market Analysis for December 2017.