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.
Santiago, Chile-based LATAM Airlines Group narrowed its second-quarter 2018 net loss to $113.6 million, improved from 2Q 2017’s $138 million net loss, and despite a $79 million foreign exchange loss during the quarter mainly attributable to the 12.2% year-over-year (YOY) depreciation of the Brazilian currency.
Santiago-based LATAM Airlines Group narrowed its second-quarter 2018 net loss to $113.6 million, improved from 2Q 2017’s $138 million net loss, and despite a $79 million foreign exchange loss during the quarter mainly attributable to the 12.2% year-over-year (YOY) depreciation of the Brazilian currency.
Edmonton-based independent ultra-LCC Flair Airlines stepped up its competition with the Canadian majors’ subsidiary LCCs Aug. 20 by announcing 11 new nonstop transborder US flights for the upcoming winter season.
