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.
Air cargo operator Atlas Air Worldwide Holdings reported a $9.6 million net profit for the first quarter of 2018, reversed from a $752,000 net loss in the 2017 March quarter, a turnaround that encouraged the Purchase, New York-based company to upwardly revise its full-year 2018 revenue outlook to over $2.5 billion.
Global air passenger traffic in March grew at its fastest monthly pace in a year—up 9.5% year-over-year (YOY)—driven by a generally strong global economic backdrop, according to IATA’s latest Air Passenger Market Analysis.
