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.
United Continental Holdings, parent of United Airlines, reported a first-quarter net profit of $508 million, including $74 million of special charges, a $1.12 billion year-over-year (YOY) swing to profitability from the company’s $609 million net loss in the 2014 March quarter.
Mexican ultra low-cost carrier (ULCC) Volaris has posted a first-quarter net profit of MXP306 million ($20.1 million), reversing a MXP370 million net loss for the 2014 March quarter.
Worldwide international traffic grew 4.6% year-over-year (YOY) in February—improving on January’s 3.7% YOY increase—according to IATA’s February Premium Traffic Monitor.