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.
As expected, growth in the global air freight market returned to modest levels in March, with a cumulative 1.6% year-over-year (YOY) increase in traffic, according to IATA’s March Air Freight Market Analysis.
Virgin America reported first-quarter net income of $12.8 million, including $2.3 million in special charges for mark-to-market fuel hedge adjustments.