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.
Panama City-based Copa Holdings posted net income of $54.5 million for the 2016 second quarter, down 14.9% from a net income of $64.1 million in the year-ago quarter.
Worldwide air freight market demand rose 4.3% year-over-year (YOY) in June—the sector’s biggest rise since April 2015—according to IATA’s Air Freight Market Analysis.
Air cargo operator Atlas Air Worldwide Holdings posted 2016 second-quarter net income of $20.6 million, down 27.5% from the $28.4 million net profit the company reported in the year-ago quarter.
