News / Atlas Air has a good Q3, but thin margins and high debt put plans for growth at risk

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As Atlas Air grows its fleet, its financial performance should come under closer scrutiny. Not only is its balance sheet stretched, but the aircraft lessor is relying on surging demand for its services, which range from wet and dry leasing to charter-passenger and military operations.

“With airfreight volumes continuing to improve and market yields beginning to pick up, we expect our diversified business mix and new aircraft placement … to drive sequential EPS growth in the fourth quarter,” said chief executive ...