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.
Santiago-based LATAM Airlines Group posted a $94 million net profit for the first quarter of 2018, up 43.2% compared to 1Q 2017’s $66 million net income, driven by a 50% year-over-year (YOY) rise in operating income, the company said, boosted by unit revenue and capacity growth across LATAM’s passenger and cargo business.
Santiago-based LATAM Airlines Group posted a $94 million net profit for the first quarter of 2018, up 43.2% compared to 1Q 2017’s $66 million net income, driven by a 50% year-over-year (YOY) rise in operating income.
Boeing’s April orderbook was dominated by American Airlines’ April 6 order for 47 787s, which helped to lift the U.S. manufacturer’s gross commercial aircraft order total for the year to 321, nearly double the total for Airbus.