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Pilots Blame Atlas Air, FAA For 2019 Freighter Crash
Friday, July 17, 2020 - 10:50am | 1321(Updated July 17, 2020 at 8:57 A.M. with details from Cargo Airline Association.) The union representing pilots at all-cargo carrier Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) strenuously objected to investigators' findings that mistakes by the captain contributed to a deadly crash last...
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Atlas Air Loses Money From Q3 Operations
Wednesday, October 30, 2019 - 1:43pm | 831Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), buffeted by a weak global airfreight market exacerbated by trade disputes and disruptions from a labor dispute with its pilots, lost $879,000 in the fiscal third quarter from operations, compared with a $54.5 million operating profit in the same...
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Arbitrator Denies Atlas Air's Pilots Bid To Negotiate; Imposes Arbitrated Settlement
Monday, August 26, 2019 - 10:03pm | 818In a legal victory for cargo airline Atlas Air Worldwide Holdings, Inc., (NASDAQ: AAWW) an arbitrator late August 26 denied Atlas' pilots request to negotiate their next contract and instead imposed an arbitrated contract process. The award by George Nicolau, who has long experience in arbitrating...
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Panel Upholds District Court Decision Blocking Pilot Efforts To Slow Atlas Air's Operations
Wednesday, July 10, 2019 - 3:44pm | 762An appeals court panel ruled that a lower court had jurisdiction to block unionized pilots at cargo and passenger airline Atlas Air Worldwide Holdings (NASDAQ: AAWW) and its Polar Air Cargo unit from engaging in work slowdowns, taking excessive sick days on short notice, and refusing to work...
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Goldman Sachs Comments on Atlas Air Worldwide Holdings
Wednesday, May 18, 2011 - 7:58am | 191Goldman Sachs commented on Atlas Air Worldwide Holdings (NASDAQ: AAWW) following the analysts day. In a research report published today, Goldman reiterated its positive outlook on Atlas. It also increased its earnings per share estimates for the next two years. The latest estimates put EPS at $5.45...
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AAWW Sees 6% Growth Overall In 3Q
Tuesday, November 2, 2010 - 6:51am | 127Goldman Sachs has published a research report on Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) after the company reported 3Q results that showed the company witnessed a +6% increase in air freight demand. In the report, Goldman Sachs writes "AAWW was up 6% today as 3Q2010 results highlighted...
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Goldman Raises Estimates For AAWW
Wednesday, September 22, 2010 - 8:37am | 146Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) announced that "[it[ expects 2010 EPS to exceed $5.30 vs. its prior expectation of above $4.35, citing stronger Commercial air freight demand than previously anticipated, continued tight supply, and high ACMI customer utilization levels," according...