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Atlas revenue swells on broader charter base and increased flying

Jeff Lee by Jeff Lee
November 5, 2020
in Aircraft Leasing, Capacity & Demand, Carriers, Freighter Aircraft, Freighter Conversions, News Archives, Strategy
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Atlas Air Worldwide posted almost a ninefold year-on-year increase in adjusted net income for the third quarter of 2020, at $82.7 million. During the quarter, the carrier grew its base of long-term charter customers, including Cainiao and HP, according to CEO John W. Dietrich. Block hours increased by 14% compared to the third quarter of 2019, while revenue was up 25%, […]

 

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