Snapshot: About Atlas Air's stellar Q2 20 numbers

© Khunaspix Dreamstime.

Here comes the interim update of Atlas Air, which released Q2 20 numbers before the US markets opened today. The headline figures, unexpectedly, looked strong. Yet even better were underlying operating/investing/financing cash flows dynamics, and… “others”.

Top performer!

This chart should be self-explanatory:

The spin below (PR).

PRESS RELEASE 

Results Reflect Strong Airfreight Demand and Resilient Business Model

Reported Net Income of $78.9 Million

Adjusted EBITDA of $247.0 Million and Adjusted Net Income of $123.2 Million

Expecting Third-Quarter ...