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.
Noting the US airline industry saw its seventh consecutive year of profitability in 2016, FAA is projecting the US will see a “competitive and profitable aviation industry characterized by increasing demand for air travel [with] airfares growing more slowly than inflation” over the next 20 years, according to the agency’s annual Aerospace Forecast for fiscal years 2017-2037.
Thai Airways International posted a net profit of THB46.8 million ($1.3 million) for 2016, a turnaround from the airline’s THB13 billion net loss in 2015.
