AAWW Stock Recent News

Since I sold my stake, the company has reported earnings which are reasonably good in my view. At the same time, the shares are trading at a discount relative to last time I reviewed the name.

The last four 747-8 freighters to roll off Boeing's production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first one recently received will be assigned to support Cainiao, the logistics arm of Chinese e-commerce giant Alibaba Group. The cargo jet will increase capacity on routes between China and the Americas that Atlas operates as part of Cainiao's virtual private airline.

Investors need to pay close attention to Atlas Air (AAWW) stock based on the movements in the options market lately.

Higher yields and long-term contracts powered Atlas Air Worldwide to record first-quarter revenue of $1.04 billion and adjusted net income of $88.8 million amid mixed signs of softening in the global air cargo market. Revenue was 20% higher than a year ago and it was the third consecutive quarter for Atlas with revenue above $1 billion.

Atlas Air Worldwide Holdings, Ltd. (NASDAQ:AAWW ) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET Company Participants John Dietrich – President & Chief Executive Officer Spencer Schwartz – Executive Vice President & Chief Financial Officer Ed McGarvey – Senior Vice President and Treasurer Conference Call Participants Bob Labick – CJS Securities Christopher N.

Atlas Air (AAWW) delivered earnings and revenue surprises of 15.44% and 3.17%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?