Atlas Air (AAWW) continued its solid upward momentum of 2018, reporting surging profits and revenues during the first three months of the year.
First-quarter operating revenue hit $680m, boosting adjusted profits (measured as ebita) by 29.1% to a little over $121m.
Chief executive Bill Flynn claimed the results “exceeded expectations” and said the growth was partly due to the carrier’s increased fleet.
“We are benefiting from a full year of flying the 16 aircraft …
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Source: The Loadstar
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