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.
Mexican low-cost carrier Volaris eased its 2014 losses in the second quarter, reporting a net loss of MXP75 million ($6 million), narrowed from the company’s first-quarter net loss of MXP370 million. The second-quarter net loss, however, is a reversal from the MXP173 million net profit Volaris posted in the year-ago June quarter.
Florida-based Spirit Airlines posted a second-quarter net profit of $64.8 million, up 54.2% year-over-year from the low-cost-carrier’s (LCC) $42.1 million net income in the 2013 June quarter.
Mexican ultra-low-cost carrier (ULCC) Volaris eased its 2014 losses in the second quarter, reporting a net loss of MXP75 million ($6 million), narrowed from the company’s first-quarter net loss of MXP370 million.