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.
A one-time non-cash gain related to late-year passage of the U.S. tax-reform law helped to lift JetBlue Airways’ net profit to $1.1 billion in 2017, the New York-based carrier said.
Alaska Air Group says its integration of Virgin America should be largely complete by early spring and is expected to deliver $65 million in synergies this year on its way to $200 million in 2019.
Alaska Air Group reported a $1 billion net profit—in GAAP terms—for full-year 2017, incorporating a one-time $274 million tax benefit associated with the US tax reform legislation enacted in late December 2017.