Atlas Air Worldwide Reports Fourth-Quarter and Full-Year 2019 Results, Provides 2020 Outlook
Atlas Air Worldwide Holdings (AAWW)
Last atlas air worldwide holdings earnings: 2/20 08:00 am
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US:NASDAQ Investor Relations:
atlasair.com/holdings/investor-information.html
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Source: GlobeNewswire
4Q Net Loss of $410.2 Million Reflects Noncash Special Charge of $485.2 Million4Q Adjusted EBITDA Totals $204.7 Million, Adjusted Net Income $98.2 million2019 Net Loss of $293.1 Million Reflects Noncash Special Charge of $503.1 Million2019 Adjusted EBITDA Totals $504.8 Million, Adjusted Net Income $139.6 MillionSolid Fourth-Quarter Peak SeasonExpects 2020 Earnings Growth PURCHASE, N.Y., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced fourth-quarter and full-year 2019 results that reflected a peak season with a pickup in customer demand and improved yields compared with the middle of the year. In addition, the results reflected an impairment charge as well as actions taken to improve operating efficiencies and align resources with the company’s strategic priorities. The impairment resulted in lower aircraft rent and depreciation expense, which added to already higher than anticipated fourth-quarter and full-year 2019 adjusted res
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