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.
Fort Lauderdale-based ultra LCC Spirit Airlines posted a $60.2 million net profit for the 2017 third quarter, a 26% decline from $81.4 million in 3Q 2016.
American Airlines said it lost an estimated $75 million in pretax earnings from the three hurricanes that struck the Caribbean and U.S. mainland in August and September.
American Airlines said it lost an estimated $75 million in pre-tax earnings from the three hurricanes that struck the Caribbean and US mainland in August and September; the company’s $624 million net profit for the 2017 third quarter was a 15.3% drop from 3Q 2016.