Login

ATLAS AIR WORLDWIDE HOLDINGS INC

atlasairworldwide.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2022 10-K, filed Feb 23, 2023. Its latest SEC filing is a SC 13G/A from Feb 9, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Provides outsourced cargo and passenger aircraft operations, charter flights, and aircraft and engine leases to express delivery providers, e-commerce retailers, and military and commercial air cargo customers.

How Did They Make Money?

Customers pay for outsourced aircraft operations as flights are performed, with charges based on operating hours or charter flights; aircraft and engine leases bring fixed monthly payments over the lease term.

FY2022 revenue

Who Were Their Customers?

Regional sales offices market operating and leasing services to express delivery providers, e-commerce retailers, the military, freight forwarders and airlines; Polar also supplies air cargo capacity to DHL under an agreement.

Did Revenues Turn Into Profits?

Yes. It kept 8 cents of every revenue dollar as net income in FY2022 and turned 16 cents into free cash flow.

Operating income, FY2022
11% of revenue
▼ −27% vs FY2021 ($711.3M, 18%)
Net income, FY2022
8% of revenue
▼ −28% vs FY2021 ($493.3M, 12%)
Free cash flow, FY2022
16% of revenue
▼ −12% vs FY2021 ($832.7M, 21%)

How Were They Changing?

Since the FY2022 annual report
  • Mar 17, 2023 Investor group completed acquisition; Atlas Air Worldwide became privately held Its common stock stopped trading on Nasdaq.

Grew. Revenue grew 70% in 4 years, from $2.7B in FY2018 to $4.5B in FY2022, about 14% a year.

Who Did They Compete With?

Competes with 21Air, Air Atlanta Icelandic, Air Transport Services Group, Cargolux, Kalitta Air, National Air Cargo, Western Global Airlines, Aerologic, Mesa Airlines, Sun Country Airlines, AerCap Holdings, Aero Capital Solutions, Altavair Air Finance, Avia AM, BBAM Aircraft and Leasing Management, and Dubai Aerospace

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support