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.
SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, again cited the company’s ongoing fleet transition as the primary source of improved revenue and profits, posting $53.7 million in net profit for the 2017 third quarter, up 30% from $41.3 million in 3Q 2016.
The global commercial aviation market, by 2036, will require 42,000 new passenger aircraft and 800 new freighters, at a financing investment of $4.3 trillion, according to a world fleet forecast released Oct. 30 by Ireland-based aircraft lessor Avolon.
Mexico City-based ultra LCC Volaris posted its first quarterly profit of 2017, reporting MXN731 million ($40.2 million) in third-quarter net income, down 27.6% from MXN1 billion in 3Q 2016.
