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.
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian real and the US dollar during the three-month period ended June 30.
In its third round of US airport infrastructure grants, FAA has released an additional $770.8 million in funding, bringing the total airport improvement program (AIP) awards announced year-to-date to $2.1 billion.
In its third round of U.S. airport infrastructure grants, FAA has released an additional $770.8 million in funding, bringing the total airport improvement program (AIP) awards announced year-to-date to $2.1 billion. A total of $3.2 billion in AIP allotments will be distributed this year.