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.
Avianca Holdings had an unadjusted net loss of $35.7 million for the 2018 second quarter, reversed from a $10.6 million net profit in 2Q 2017, as the Colombia-based company faced currency volatility, increased fuel prices, infrastructure disruptions and continuing after-effects of a 51-day pilots’ strike in 4Q 2017.
United Parcel Service’s (UPS) second-quarter 2018 net profit increased 7.3% year-over-year (YOY) to $1.5 billion on 9.6% YOY revenue growth across its three major business segments, with international package and supply chain/freight revenue each showing double-digit YOY gains.
Avianca Holdings had an unadjusted net loss of $35.7 million for the 2018 second quarter, reversed from a $10.6 million net profit in 2Q 2017, as the Colombia-based company faced currency volatility, increased fuel prices, infrastructure disruptions and continuing after-effects of a 51-day pilots’ strike in 4Q 2017.
