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.
LATAM Airlines Group—the merger created between Santiago de Chile-based LAN Airlines and Brazil’s TAM Airlines—reported a third-quarter net profit of $52.1 million, reversed from a $49.2 net loss in the year-ago quarter.
Overall worldwide airport passenger traffic increased 4.1% year-over-year in September, down 0.7 point from August, Airports Council International (ACI) has reported.
Air Canada reported a third-quarter net income of C$299 million ($290 million), a 16.7% drop from the net income of C$359 million in the year-ago quarter.