Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Maersk Air Cargo ditched some of its less-profitable customers, a move which saw its airfreight ...
© Khunaspix Dreamstime.
Atlas Air has yet again recorded soaring revenues and profitability, but its ongoing labour dispute with its pilots continues to mar the financial success.
Profits climbed almost 30%, year on year, to just over $344m, on the back of an almost 27% upturn in revenue.
On the back of this performance, the carrier again raised its full-year forecast, having done so after a strong first half, with expectations that growth this year will exceed the 50% mark.
Chief executive William Flynn said: “We continue to leverage the ...
Comment on this article