Atlas Air Worldwide Holdings (AAWW) Tops Q1 EPS by 6c

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Atlas Air Worldwide Reports First-Quarter 2016 Results

May 5, 2016 8:04 AM EDT

Adjusted Net Income of $7.7 Million, $0.31 per ShareReported Net Income of $0.5 Million, $0.02 per ShareAmazon Relationship Is Significant New Growth OpportunityImmediately Accretive Southern Air Acquisition CompletedUpdating Full-Year 2016 Earnings Framework

PURCHASE, N.Y., May 05, 2016 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced adjusted net income of $7.7 million, or $0.31 per diluted share, for the three months ended March 31, 2016, compared with $25.8 million, or $1.03 per diluted share, for the three months ended March 31,... More

Atlas Air Worldwide Announces Agreement with Amazon To Provide Air Transport Service

May 5, 2016 7:31 AM EDT

Service to Include 20 B767-300 Aircraft with a Lease Term of 10 Years

Amazon Granted Rights to Acquire AAWW Equity

PURCHASE, N.Y., May 05, 2016 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced today that it will provide air cargo services to support Amazons (Nasdaq: AMZN) package deliveries to its customers. The new agreements are expected to be meaningfully accretive to Atlas Air Worldwides earnings and cash flows over time. 

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