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.
Irish lessor Avolon closed out the first quarter of 2018 with an owned and managed fleet comprising 570 aircraft, with commitments for a further 333 aircraft, bringing its total fleet to 903, up 6.2% from 1Q 2017.
A surge in cargo, loyalty program and premium fare up-sell revenue drove Delta Air Lines’ first-quarter 2018 operating revenue into quarterly record territory, with nearly $10 billion in GAAP revenue, up 9.5% year-over-year (YOY). Delta’s net income for the quarter, however, dipped 2.5% to $547 million, compared to $561 million for the 2017 March quarter.
