News / After a tough Q2, Atlas Air puts its faith in e-commerce and the Amazon deal

© Gordzam

Atlas Air is counting on a final quarter peak and lower maintenance costs in the second half to boost its results after a tough second quarter.

Operating revenue fell 2.7% in the period, 4% over the first half, to $861m, partly owing to last year’s strong results based on the west coast ports slowdown. Net income in the first half fell 63%, year-on-year, to $21m.

The company noted that its costs rose 7% in Q2, following the acquisition of Southern Air and preparations for ...