While reporting financial results for the third quarter on Thursday, Atlas Air Worldwide Holdings, Inc. (AAWW) raised its revenue guidance for the full-year 2020 and provided revenue outlook for the fourth quarter.
For fiscal 2020, the company now projects revenues of approximately $3.1 billion, up from the prior outlook of just over $3.0 billion.
"Looking to the fourth quarter, and subject to any material COVID-19 developments, we anticipate solid volumes and yields driven by continued e-commerce growth and end-of-the-year airfreight demand, coupled with the reduction of available cargo capacity in the market," said Chief Executive Officer John Dietrich.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.