Atlas Air Worldwide revenue up 12% in 4Q2016

Atlas Air Worldwide Holdings revenue up 12% in Dec-2016 - financial highlights:

• Three months ended 31-Dec-2016:
• • Total operating revenue: USD529.7 million, +12.2% year-on-year;
  • • ACMI: USD234.2 million, +8.4%;
    • Charter: USD265.2 million, +16.3%;
    • Dry leasing: USD26.6 million, +11.0%;
  • Total operating costs: USD428.3 million, -17.0%;
  • • Fuel: USD85.1 million, +19.5%;
    • Labour: USD103.0 million, +15.3%;
  • Operating profit: USD101.4 million, compared to a loss of USD43.7 million in p-c-p;
  • Net profit: USD28.4 million, compared to a loss of USD37.6 million in p-c-p;
• 12 months ended 31-Dec-2016:
• • Total operating revenue: USD1840 million, +0.9% year-on-year;
  • • ACMI: USD835.0 million, +5.5%;
    • Charter: USD882.0 million, -2.9%;
    • Dry leasing: USD105.8 million, 1.3%;
  • Total operating costs: USD1671.3 million, -1.6%;
  • • Fuel: USD275.1 million, -17.5%;
    • Labour: USD424.3 million, +20.8%;
  • Operating profit: USD168.3 million, +36.3%;
  • Net profit: USD41.5 million, +469.8%;
  • Total assets: USD4247 million;
  • Cash and cash equivalents: USD123.9 million;
  • Total liabilities: USD2730 million. [more - original PR]