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Atlas Air reports Q2 results

03 August 2011

Net income fell year-on-year, but the airline remains confident as it modernize its fleet.

Read more: Atlas Air Atlas Air Q2 2011 William Flynn

Cargo operator Atlas Air’s net income fell $8.9 million for the second quarter year-on-year. The airline’s H1 net income almost halved from $66.4 million for H1/2010 to $34.4 million for the first half of 2011.

Revenues for the second quarter fell marginally to $349.6 million,...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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