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PR: Atlas Air Worldwide reports third-quarter 2020 results

November 5, 2020 by Choice Aviation Services0Air CargoAtlas Air

PRESS RELEASE 

November 05, 2020 08:00 ET 

– Business Growth Driven by Strong Airfreight Demand

– Reported Net Income of $74.1 Million
– Adjusted EBITDA of $196.3 Million and Adjusted Net Income of $82.7 Million
– Raising Outlook
PURCHASE, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced third-quarter 2020 net income of $74.1 million, or $2.78 per diluted share, compared with net income of $60.0 million, or $2.32 per diluted share, in the third quarter of 2019.
On an adjusted basis, …

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