Atlas Air Worldwide Holdings (AAWW) Tops Q1 EPS by 65c

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Atlas Air Worldwide Reports Strong First-Quarter 2021 Results

May 5, 2021 8:00 AM EDT

Reported Net Income Increased to $89.9 MillionAdjusted Net Income Grew to $72.2 MillionAdjusted EBITDA Rose to $181.3 MillionStrong 2Q21 Outlook

PURCHASE, N.Y., May 05, 2021 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced first-quarter 2021 net income of $89.9 million, or $3.05 per diluted share, compared with $23.4 million, or $0.90 per diluted share, in the first quarter of 2020.

On an adjusted basis, EBITDA rose to $181.3 million in the first quarter of 2021 compared with $121.2 million in the... More