HALF-YEAR PROFIT POSTED BY ATLAS AIR

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:42

HALF-YEAR PROFIT POSTED BY ATLAS AIR

Atlas Air Worldwide Holdings has posted a net profit of $34.4 million for the 2011 first half. This is a 48.2% reduction from the $66.4 million reported in the same period a year ago. ACMI contracted services revenue rose the most by 28.1% to $306.5 million.

Overall, half-year revenue fell 0.7% and operating expenses rose 9.8% owing to higher aircraft fuel and maintenance costs. First-half operating profit was $54.1 million, less than half the 2010 first-half operating profit of $111.4 million.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:42
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fcargo%2Fhalf-year-profit-posted-by-atlas-air%2F"> registered </a> users can comment.