Shareholder fury as Atlas Air Q3 income and share price plummet

Atlas Air is to pare back costs across the board following poor third-quarter results, as the share price fell 8% to just $22, half the level it was in July.
While it is pinning its hopes on the fourth quarter, it looks set to expect further disruption from its pilots.
In a tense earnings call, shareholders put pressure on the carrier, which reported third-quarter income from continuing operations of $60m, against $71.1m …

The post Shareholder fury as Atlas Air Q3 income and share price plummet appeared first on The Loadstar.

Source: The Loadstar

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