Reflecting a 20% increase in volumes and a 17% rise in full-year revenues, Atlas Air Worldwide Holdings posted a $223.5 million net profit for 2017—a fivefold increase over the Purchase, New York-based air freight carrier’s $41.5 million net income for 2016. The company’s fourth-quarter finances received a considerable $130 million benefit related to the December 2017 US tax reform legislation, of which $81 million contributed to Atlas’ full-year ...

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