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.
September’s total traffic growth was 2.3% year-over-year. In October, premium traffic was up 2.9% year-over-year (0.6 points above September) and economy traffic grew 3.7% (up 1.4 points from September).
US President Barack Obama has signed into law H.R. 5462, which caps Transportation Security Administration (TSA)-imposed passenger security fees for US-based round-trip itineraries at $11.20.
The 10 largest U.S. scheduled passenger airlines collectively reported net income of $2.99 billion in the 2014 third-quarter, down 13.8% from 2Q 2014 net profits of $3.5 billion but nearly matching (down by 0.5%) the $3 billion in net income the 10 carriers posted in the 2013 third-quarter, according to the U.S. Bureau of Transportation Statistics’ (BTS) quarterly Airline Financial Data report. Total third-quarter operating profit for the 10 airlines was $5.2 billion, up 15% on the $4.5 billion in operating profit the airlines reported in the year-ago quarter.
