After securing one of the most noteworthy e-commerce deals of the year, it was expected that Atlas Air would report a loss for the third quarter, related to expenses incurred for the agreement to operate freighters for online retailer Amazon. But the immediate future appears rosy for parent company Atlas Air Worldwide Holdings (AAWW) as the carrier heads into what is expected to be a strong peak season.
For Q3 2016, AAWW reported a loss of US$7.5 million, which was a 40 percent improvement ov…
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Source: aircargoworld