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.
Cumulative worldwide first-half air passenger traffic has grown 4.8% year-over-year, besting 2013’s mid-year passenger growth rate of 3.2%, according to Airports Council International (ACI).
Chorus Aviation, parent of Canadian regional airline Jazz, posted second-quarter net profit of C$36.5 million ($34.2 million), more than quadrupling its second-quarter 2013 net income of C$7.9 million.
LATAM Airlines Group reported a second-quarter net loss of $58.9 million, narrowed from a net loss of $329.8 million in the year-ago quarter The company attributed the quarterly results as being “negatively affected by reduced passenger and cargo demand during the FIFA World Cup soccer tournament held in Brazil, as well as by very weak seed exports in the cargo business.” The LATAM Airlines Group is a consolidation of Chile’s LAN Airlines, LAN Cargo, Brazil’s TAM Airlines and each of the companies’ affiliates and subsidiaries.