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.
Mexican ultra-LCC Volaris reported a MXP1.1 billion ($61.5 million) net loss for the first quarter of 2018, narrowed from a MXP1.3 billion net loss in 1Q 2017, as competitive low-cost fares in the country’s domestic market and increased industry capacity continued to inflict pressure on the Mexico City-based carrier.
Denver-based ultra LCC Frontier Airlines pilots, represented by the Air Line Pilots Association (ALPA), are petitioning the National Mediation Board (NMB) to release the union from further contract negotiations, saying talks are at an impasse and “further mediation will be futile.”
Brazilian manufacturer Embraer posted a consolidated $10.2 million net loss for the first quarter of 2018, a reversal from the company’s $55.1 million net profit in the year-ago March quarter.
