Atlas blames fuel costs for 96.5% profit drop
Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, reported second-quarter net income of $1.5 million, down 96.5% from $43.2 million in the year-ago period. President and CEO William Flynn said that "aside from the impact of fuel prices. . .our performance remains on track." Fuel...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
