News / Atlas Air on the up after 2015 results, and now eyes growth from Southern acquisition

As Atlas Air announced good year-end results, tempered only by a $100m antitrust settlement, its focus was very much on the benefits of its Southern Air acquisition.

The carrier announced 2015 adjusted net income of $125.3m, up from 2014’s $93.4m, for the 12 months ending December 31. Reported net income, including the settlement accrual and a special charge for a loss and costs on engines, was $7.3m.

“We outperformed the airfreight market and we grew earnings substantially,” said CEO Bill Flynn in an ...