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.
Seattle-based Alaska Airlines will build a new 105,000 sq. ft. maintenance hangar at Ted Stevens Anchorage International Airport (ANC), the airline announced July 29.
Air Canada reported C$186 million ($143 million) in net profit for the second quarter of 2016, down 37.2% from the airline’s C$296 million net result in 2Q 2015.
US-based FedEx earned net income of $1.82 billion for its 2016 fiscal year ended May 31, up 73.3% over a net profit of $1.05 billion for the previous fiscal year, on a 6.1% year-over-year (YOY) rise in revenue to $50.37 billion.