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Atlas Air reports Q4 EPS $5.17, consensus $5.20
The Fly

Atlas Air reports Q4 EPS $5.17, consensus $5.20

Reports Q4 revenue $1.207B vs $1.163B last year. "2022 was one of the best years in Atlas’ history, and we are pleased that we placed all eight of our new and incoming aircraft under long-term contracts. All four new 747-8Fs and the first of four 777Fs have been delivered and are operating for strategic customers under attractive long-term agreements," said Atlas Air Worldwide President and Chief Executive Officer John Dietrich. Dietrich added: "In January, we took delivery of the final 747 ever to be produced by Boeing during an historic ceremony. Although the celebration marked the end of the 54-year production run for the ‘Queen of the Skies,’ it is only the beginning for this aircraft, which will serve the airfreight market for decades to come. Atlas began over 30 years ago with a single 747-200 freighter and since then, we became, and still are, the world’s largest operator of 747 freighters. Our company’s history and success are directly linked to the 747 platform, and it is fitting that we took delivery of the final four of these iconic aircraft." He concluded: "I also want to thank the Atlas team for their continued efforts to deliver safe and reliable service to our customers throughout 2022."

Published first on TheFly

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