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Article: Atlas Air Worldwide Holdings, Inc. Third-Quarter Net Earnings Increase 181%.

Article from:
Economics Week
Article date:
November 13, 2009
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Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and outsourced aircraft operating services, announced a 181% increase in net earnings for the third quarter of 2009 compared with the third quarter of 2008. The strong increase in earnings in the third quarter follows sharp year-over-year improvements in earnings reported for the first and second quarters of 2009.

For the three months ended September 30, 2009, AAWW reported net income of $14.7 million, or $0.70 per diluted share, on pretax earnings of $21.7 million and revenues of $255.5 million. Operating and financial results for the quarter compared with net ...

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