Growing volumes and rising yields saw Atlas Air yesterday announce an increase in first quarter revenues to $590m. Reported operating income grew from a mere $40,000 to $9.6m, while adjusted EBITDA increased $29.9m to $93.8m.
“We’re off to a strong start in 2018 and we expect this to be an exciting year for Atlas,” CEO Bill Flynn told analysts in an earnings call. “We reported significant first quarter earnings growth this …
The post Bullish Atlas Air sees strong Q1 and expects 19% volume growth in 2018 – despite IATA gloom appeared first on The Loadstar.
Source: The Loadstar