Atlas Air Worldwide Holdings, Inc. (AAWW) said it expects to fly approximately 90,000 block hours in the second quarter, with revenue of approximately $950 million, and adjusted EBITDA of about $210 million. The company expects second-quarter adjusted net income to grow approximately 30% from the first quarter of 2021.
First-quarter adjusted EPS increased to $2.45 from $1.15, last year. Net income was $89.9 million, or $3.05 per share, compared with $23.4 million, or $0.90 per share, prior year. Revenue increased to $861.3 million from $643.5 million.
At March 31, 2021, the company's cash, including cash equivalents and restricted cash, totaled $714.0 million.
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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.