IT'S BEEN A DIFFICULT YEAR IN WHICH TO FIND POSITIVE STORIES IN A global air cargo arena that has suffered staggering and unrelenting drops in demand, yet 747 freighter operator Atlas Air Worldwide Holdings has boosted profitability. The parent of Atlas Air, Polar Air Cargo and Titan Aviation Leasing not long ago operated a fleet that was too large and a business model that incorporated too much risk. But after parking aircraft and "de-risking," the Purchase, N.Y.-based ...

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