Atlas Air announces results for Q3/2022
Atlas Air Worldwide Holdings has reported a Q3/2022 net income of USD 60.1 million, or USD 1.79 per diluted share, compared with the net income of USD 119.5 million, or USD 3.91 per diluted share, in Q3/2021.
On an adjusted basis, ebitda totalled USD 194.0 million in Q3/2022 compared with USD 280.5 million in Q3/2021. Adjusted net income in Q3/2022 totalled USD 78.8 million, or USD 2.69 per diluted share, compared with USD 145.4 million, or USD 4.88 per diluted share, in Q3/2021.
“We are also pleased to announce a long-term ACMI (aircraft, crew, maintenance and insurance) agreement under which all four of our new and incoming 777-200 freighters are placed with MSC Mediterranean Shipping Company,” said Atlas Air Worldwide president and CEO John W. Dietrich.
Atlas Air continues to expect that the pending sale of the company to an investor group will be closed in Q4/2022 or Q1/2023. (cj)