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.
Copa Holdings—the parent company of Panama’s Copa Airlines and Copa Airlines Colombia—said third-quarter results reflected stronger unit revenues and lower unit costs.
Panama City-based Copa Holdings posted net income of $74 million for the 2016 third quarter, more than a tenfold increase compared to the company’s $6.2 million net profit in 3Q 2015.
Avianca Holdings S.A., posted a $37.8 million net profit for the third quarter of 2016, down 63% from a $102.1 million net profit the company reported in 3Q 2015.
