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Atlas Air Worldwide Holdings Inc (AAWW.OQ)

AAWW.OQ on NASDAQ Stock Exchange Global Select Market

42.55USD
18 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Atlas Air Prevails In Court Ruling Against Pilot Union For Illegal Slowdown
Monday, 8 Jul 2019 

July 8 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR PREVAILS IN COURT RULING AGAINST PILOT UNION FOR ILLEGAL SLOWDOWN.ATLAS AIR - U.S. COURT OF APPEALS FOR DISTRICT OF COLUMBIA HAS AFFIRMED A FEDERAL DISTRICT COURT RULING.ATLAS AIR - COURT RULING ORDERED INTERNATIONAL BROTHERHOOD OF TEAMSTERS TO STOP AN INTENTIONAL WORK SLOWDOWN BY ATLAS PILOTS.ATLAS AIR - UNANIMOUS RULING FROM A THREE-JUDGE PANEL BLOCKS UNION FROM CONTINUING TO ENGAGE IN "IMPROPER ACTIVITIES".ATLAS AIR - COURT OF APPEALS AFFIRMED DISTRICT COURT'S DECISION THAT IBT MUST MAINTAIN STATUS QUO UNDER RLA.  Full Article

Atlas Air Worldwide Says William Flynn To Become Chairman Of Board
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE ANNOUNCES LEADERSHIP TRANSITION PLAN.ATLAS AIR WORLDWIDE HOLDINGS INC - WILLIAM J. FLYNN TO BECOME CHAIRMAN OF BOARD ON JANUARY 1, 2020.ATLAS AIR WORLDWIDE HOLDINGS INC - JOHN W. DIETRICH TO BECOME PRESIDENT AND CHIEF EXECUTIVE OFFICER.ATLAS AIR WORLDWIDE HOLDINGS - ROBERT AGNEW, CURRENT CHAIRMAN OF BOARD, WILL BECOME BOARD'S LEAD INDEPENDENT DIRECTOR, EFFECTIVE JANUARY 1, 2020.  Full Article

Southern Air Prevails Against Pilot Union In Labor Arbitration
Thursday, 13 Jun 2019 

June 13 (Reuters) - Atlas Air Worldwide Holdings Inc ::SOUTHERN AIR PREVAILS AGAINST PILOT UNION IN LABOR ARBITRATION.ATLAS AIR - SOUTHERN AIR PREVAILED IN ARBITRATION AGAINST UNION REPRESENTING SOUTHERN'S PILOTS, AIRLINE PROFESSIONALS ASSOCIATION, TEAMSTERS LOCAL 1224.  Full Article

Atlas Air Worldwide Reports Q1 Results, Updates Full-Year 2019 Outlook
Wednesday, 1 May 2019 

May 1 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE REPORTS FIRST-QUARTER RESULTS, UPDATES FULL-YEAR 2019 OUTLOOK.Q1 ADJUSTED EARNINGS PER SHARE $0.98.Q1 EARNINGS PER SHARE ESTIMATE $0.85 -- REFINITIV IBES DATA.Q1 LOSS PER SHARE $1.15.Q1 REVENUE $679.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $679.7 MILLION.2019 ADJUSTED EARNINGS EXPECTED TO GROW BY MID- TO UPPER-SINGLE-DIGIT PERCENTAGE.PROVIDED AN UPDATED FY GROWTH OUTLOOK THAT REFLECTS SCHEDULED START-UP IN 2019 OF NEW LONG-TERM 737-800 CMI BUSINESS.EXPECT TO FLY APPROXIMATELY 80,000 BLOCK HOURS (OVER 75% IN ACMI) IN Q2 OF 2019.SEES Q2 REVENUE OF ABOUT $710 MILLION AND ADJUSTED EBITDA OF ABOUT $105 MILLION.LOOKING AHEAD, WE EXPECT TO GENERATE HIGHER VOLUMES, REVENUE, ADJUSTED EBITDA AND ADJUSTED NET INCOME IN 2019.ATLAS AIR - EXPECT THAT Q2 ADJUSTED NET INCOME WILL REPRESENT SLIGHTLY MORE THAN A MID-SINGLE-DIGIT PERCENTAGE OF OUR FULL-YEAR ADJUSTED NET INCOME..SEE VOLUMES RISING TO AROUND 340,000 BLOCK HOURS REVENUE OF APPROXIMATELY $3.0 BILLION FOR FY.EARNINGS IN Q2 WILL BENEFIT FROM FLYING BY INCREMENTAL AIRCRAFT ADDED TO FLEET DURING 2018.ANTICIPATE FY ADJUSTED NET INCOME WILL GROW BY A MID- TO UPPER-SINGLE-DIGIT PERCENTAGE COMPARED WITH 2018.FOR FULL YEAR, AIRCRAFT MAINTENANCE EXPENSE IS EXPECTED TO TOTAL APPROXIMATELY $420 MILLION.FY OUTLOOK NOW INCLUDES EXPECTED START-UP EXPENSES IN 2019 ASSOCIATED WITH OUR NEW 737 CMI SERVICE.Q2 REVENUE VIEW $731.4 MILLION -- REFINITIV IBES DATA.  Full Article

Atlas Air Worldwide Says Three People On Board Atlas Air Flight 3591 Did Not Survive Accident On Saturday
Sunday, 24 Feb 2019 

Feb 24 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE - THE THREE PEOPLE ON BOARD ATLAS AIR FLIGHT 3591 DID NOT SURVIVE ACCIDENT ON SATURDAY, FEBRUARY 23 IN ANAHUAC, TEXAS.CO'S TEAM CONTINUES TO WORK CLOSELY WITH NTSB, FAA AND LOCAL AUTHORITIES ON GROUND IN HOUSTON.  Full Article

Atlas Air Worldwide Announces Agreement With SF Express
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE ANNOUNCES 747-400F AIRCRAFT TRANSPORTATION SERVICES AGREEMENT WITH SF EXPRESS.ATLAS AIR WORLDWIDE HOLDINGS INC - UNIT ENTERED INTO AIRCRAFT TRANSPORTATION SERVICES AGREEMENT TO OPERATE A BOEING 747-400 FREIGHTER FOR SF EXPRESS.ATLAS AIR WORLDWIDE HOLDINGS INC - AIRCRAFT WILL ENTER INTO SERVICE IN OCTOBER 2018.  Full Article

Atlas Air Worldwide Acquires Two Boeing 777 Freighters For ACMI Service
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE ACQUIRES TWO BOEING 777 FREIGHTERS FOR ACMI SERVICE.ATLAS AIR WORLDWIDE - CURRENTLY ENGAGED IN DISCUSSIONS WITH BANK SYNDICATE TO FINANCE TWO 2012-VINTAGE AIRCRAFT.ATLAS AIR WORLDWIDE - EXPECTED FINANCIAL, OPERATING IMPACTS OF TWO 777 FREIGHTERS IN 2018 WERE INCORPORATED IN PRIOR EARNINGS GROWTH FRAMEWORK.ATLAS AIR WORLDWIDE - ANTICIPATES 2018 ADJUSTED. NET INCOME WILL GROW BY MID-TWENTY-PERCENT LEVEL VERSUS 2017.  Full Article

Atlas Air Worldwide Holdings Qtrly Profit From Continuing Operations $6.71
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Atlas Air Worldwide Holdings Inc ::ATLAS AIR WORLDWIDE REPORTS RECORD FOURTH-QUARTER RESULTS, STRONG OUTLOOK FOR 2018.Q4 REVENUE ROSE 19 PERCENT TO $628 MILLION.MID-20% EARNINGS GROWTH EXPECTED IN 2018.QTRLY EARNINGS PER SHARE FROM CONTINUING OPERATIONS $6.71.QTRLY ADJUSTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS $2.43.EXPECT SIGNIFICANT GROWTH IN OUR VOLUMES, REVENUE AND ADJUSTED EBITDA IN 2018.‍EXPECT "SIGNIFICANT" GROWTH IN OUR VOLUMES, REVENUE AND ADJUSTED EBITDA IN 2018​.SEES 2018 VOLUMES RISING TO AROUND 300,000 BLOCK HOURS.‍ANTICIPATE THAT FULL-YEAR 2018 ADJUSTED NET INCOME WILL GROW BY A MID-TWENTY-PERCENT LEVEL COMPARED WITH 2017​.SEES 2018 REVENUE GROWING TO APPROXIMATELY $2.5 BILLION.SEES 2018 ADJUSTED EBITDA OF ABOUT $500 MILLION.SEES FY 2018 ADJUSTED NET INCOME WILL GROW BY A MID-TWENTY-PERCENT LEVEL COMPARED WITH 2017.EXPECT ADJUSTED EBITDA OF ABOUT $90 MILLION IN Q1 OF 2018.AIRCRAFT MAINTENANCE EXPENSE IN 2018 IS EXPECTED TO TOTAL APPROXIMATELY $315 MILLION.CORE CAPITAL EXPENDITURES ARE EXPECTED TO TOTAL ABOUT $100 TO $110 MILLION IN 2018.Q4 EARNINGS PER SHARE VIEW $2.16, REVENUE VIEW $594.2 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $5.45, REVENUE VIEW $2.33 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Atlas Air Worldwide Q3 loss $0.96/shr from continuing operations
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Atlas Air Worldwide Holdings Inc :Atlas Air Worldwide reports third-quarter 2017 results.Q3 adjusted earnings per share $1.08 from continuing operations.Q3 loss per share $0.96 from continuing operations.Q3 earnings per share view $1.14 -- Thomson Reuters I/B/E/S.Sees 2017 adjusted income from continuing operations, net of taxes, to grow by high-single-digit to low-double-digit percent.Aircraft maintenance expense in 2017 should total about $275 million, depreciation, amortization expected to total about $165 million​.Expects ‍2017 core capital expenditures, excluding aircraft & engine purchases, to total about $75 million to $80 million​.FY2017 earnings per share view $4.82, revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Atlas Air Worldwide Q2 adjusted profit $1.09/shr from cont ops
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Atlas Air Worldwide Holdings Inc :Atlas air worldwide reports second-quarter 2017 results.Q2 adjusted earnings per share $1.09 from continuing operations.Q2 earnings per share $0.92 from continuing operations.Q2 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Atlas air worldwide holdings inc - ‍increasing full-year outlook​.Atlas air worldwide holdings inc - ‍placed three 747-400f acmi aircraft with new customer​.Qtrly operating revenue $517.4 million versus $443.3 million.Atlas air worldwide holdings inc - for full year, expect total block hours to increase approximately 20% compared with 2016.Atlas air worldwide - ‍expect adjusted income from continuing operations, net of taxes, in 2017 to grow by percentage in mid-teens versus 2016 adjusted income of $114.3 million​.Atlas air worldwide - core capital expenditures, which exclude aircraft, engine purchases, are expected to total about $65 to $75 million in 2017.Q2 revenue view $498.9 million -- Thomson Reuters I/B/E/S.Atlas air worldwide holdings-anticipate 2017 results to reflect historical patterns,with more than 70% of co's adjusted income occurring in second half.Atlas air worldwide holdings inc - "more than 70% of our current freighters operate for customers in e-commerce markets".  Full Article

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Trump meets with airline CEOs over Qatar subsidy accusations

WASHINGTON U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States.