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.
Mexico City-based ultra-low-cost-carrier (ULCC) Volaris further eased its cumulative 2014 losses in the third quarter, reporting a net profit of MXP347.3 million ($25.7 million), a 36.9% year-over-year improvement on the company’s 2013 September quarter results.
Global international passenger traffic rebounded across-the-board in August, as overall traffic grew 4.5% year-over-year after two months of weak growth in the 2-3% range, according to IATA’s August Premium Traffic Monitor.
International air freight volumes are expected to grow at a five-year 4.1% compound annual growth rate (CAGR), according to IATA’s Airline Industry Forecast for 2014-2018.
