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.
Jazz Air parent Chorus Aviation reported a third-quarter net income of C$36 million ($34.9 million), down 2.5% from C$36.9 million net profit in the year-ago period.
Boeing predicts the Middle East will need 2,610 new commercial aircraft, valued at $550 billion, over the next 20 years, according to a recent update of the company’s Current Market Outlook.
Brazilian low-cost carrier GOL posted a third-quarter net loss of BRL197 million ($87.3 million), narrowed from a net loss of BRL309.4 million in the year-ago quarter, and an improvement on the carrier’s net loss of BRL433 million in this year’s second quarter.