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.
Hawaiian inter-island regional carrier Island Air filed for Chapter 11 bankruptcy protection Oct. 16, in what the carrier called “an effort to continue normal operations while navigating through legal challenges recently presented by the lessors of its aircraft.”
Florida-based ULCC Spirit Airlines revised its third-quarter operational guidance Oct. 16 and indicated the airline took a $40 million hit in lost revenue from the recent hurricanes.
Middle East airlines will require 2,590 new commercial aircraft over the next 20 years, according to Airbus’s 2017 Global Market Forecast, representing a market value of $600 billion for the region’s future fleet.