Atlas Air weathers the storm well, but returns to beleaguered markets

© Khunaspix Dreamstime.

There’s an interesting analysis of Atlas Air’s position on Seeking Alpha. It recommends caution on AAWW stocks, in the belief that the good times for air cargo are over, and “conditions in core markets are depressed”. The analysis perhaps gives too much to the idea that cargo capacity is returning, while stating that passenger capacity is not, suggesting the writer doesn’t fully understand the market (although lower freight rates are indeed likely after the madness of this spring). And the ...