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.
Las Vegas-based Allegiant Travel Co., parent of LCC Allegiant Air, reported $194.9 million in net income for 2017, an 11.2% decrease from $219.6 million in 2016.
Las Vegas-based Allegiant Travel Co., parent of LCC Allegiant Air, reported $194.9 million net income for 2017, an 11.2% drop from its $219.6 million net profit in 2016.
Strong demand for manufacturing exports stoked the air freight sector to its best performance in seven years, as global cargo traffic grew 9% year-over-year (YOY) in 2017, according to IATA’s December Air Freight Market Analysis, released Jan. 31.