Atlas Air Worldwide Holdings Re-affirms FY13 Outlook - InvestingChannel

Atlas Air Worldwide Holdings Re-affirms FY13 Outlook

Atlas Air Worldwide Holdings, Inc. (AAWW: Quote) Tuesday said it continues expect full-year results in line with previous expectations, helped by a significant growth in its ACMI segment.

Earnings for the fiscal year 2013 are currently projected to be more than $4.65 per share. Analysts, based on consensus, currently expect the company to report full-year earnings of $5.33 per share.

The ACMI segment is expected to grow significantly in 2013, driven by an increase in the number of B747-8Fs in ACMI service and an increase in CMI flying compared with 2012.

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by RTT Staff Writer

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