Atlas Air has blamed tariffs, trade tension and labour disputes as the key factors for a “poor” first-half performance.
Profits (adjusted ebitda) fell 7% to $204m, despite revenue climbing 7% to $1.3bn.
Chief executive William Flynn said: “[Our] second quarter was below expectations, as cargo volumes and yields were affected in the near term by the widely reported impact of tariffs and trade tensions.
“In addition, our results during the period were impacted …
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Source: The Loadstar