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.
FedEx Corp. has posted a consolidated net profit of $616 million for its FY2015 second-quarter ended Nov. 30, up 23.2% year-over-year from net income of $500 million in the company’s FY2014 second quarter.
The 10 largest US scheduled passenger airlines collectively reported net income of $2.99 billion in the 2014 third-quarter, down 13.8% from a 2014 second quarter net profit 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.
The US has announced it will initiate discussions with Cuba to re-establish diplomatic relations, aiming to open an embassy in Havana in the coming months.
