Atlas Air has increased its full-year profit outlook by 5%, citing high demand and its strong market position.
In an analyst presentation, the company forecast a 35-40% increase on 2017’s adjusted net profit of $133.7m, on revenues of $2.6bn.
The carrier, which also revealed it was flying on behalf of troubled Nippon Cargo Airlines, with which it has a CMI contract, said it expected to see a 20% rise in block hours this year – and achieved this in …

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Source: The Loadstar