Atlas Air Worldwide reports Q3 results

Atlas Air Worldwide Holdings has announced third-quarter 2019 income from continuing operations, net of taxes, of $60.0 million, or $2.32 per diluted share, compared with reported income of $71.1 million, or $0.84 per diluted share, in the third quarter of 2018. Reported results in the third quarter of 2019 included an unrealised gain on outstanding warrants of $83.2 million, partially offset by a special charge, net, of $18.9 million, compared with an unrealized gain on outstanding warrants of $46.1 million in the year-ago period. On an adjusted basis, EBITDA totalled $95.6 million in the third quarter this year compared with