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.
Hong Kong flag carrier Cathay Pacific Group posted a full-year result of HK$3.15 billion ($406 million) in net profits for 2014, up 20.2% year-over-year (YOY) over the Hong Kong-based company’s net take of HK$2.6 billion in 2013.
A resurgent fourth-quarter net profit of $98.3 million helped to ease full-year net losses for Santiago-based LATAM Airlines Group; the company closed out 2014 with a net loss of $109.8 million, narrowed from its $281.1 million net loss in 2013.