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.
Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017.
Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017.
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian Real and the U.S. dollar during the three-month period ending June 30.
