Key Developments: Atlas Air Worldwide Holdings Inc (AAWW.OQ)
43.93USD
1 Aug 2013
$-0.71 (-1.59%)
$44.64
$44.55
$45.03
$43.48
90,897
84,072
$57.00
$36.65
Latest Key Developments (Source: Significant Developments)
Atlas Air Worldwide Holdings Inc Reaffirms FY 2013 EPS Outlook
Atlas Air Worldwide Holdings Inc reaffirmed Adjusted EPS Outlook of $4.80 for fiscal 2013. Full Article
Atlas Air Worldwide Holdings Inc Raises FY 2013 EPS Guidance
Atlas Air Worldwide Holdings Inc announced that for fiscal 2013, it is raising expected adjusted earnings per share to $4.80 from $4.65 to reflect actual and anticipated share repurchases. Full Article
Faruqi & Faruqi, LLP Launches Investigation Against Atlas Air Worldwide Holdings Inc For Potential Breaches Of Fiduciary Duties By Board Of Directors
Faruqi & Faruqi, LLP, a national securities firm headquartered in New York City, is investigating the Board of Directors of Atlas Air Worldwide Holdings Inc. for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's 2007 Incentive Plan. Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on April 15, 2013, the Board of Directors recommends that Atlas Air's shareholders vote to approve an amendment to the Company's 2007 Incentive Plan to increase the shares available for awards by 1,300,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Atlas Air common stock. Full Article
Atlas Air Worldwide Holdings Inc's Titan Aviation Acquires Boeing 777 Freighter
Atlas Air Worldwide Holdings Inc's Titan Aviation announced that the acquisition of a Boeing 777 Freighter . The aircraft is currently on long-term lease to AeroLogic GmbH, a cargo airline based in Germany and a joint venture of DHL Express and Lufthansa Cargo AG. Norddeutsche Landesbank Girozentrale (NORD/LB), aircraft financier based in Hanover, Germany, provided financing for the 2010 vintage aircraft. Full Article
Atlas Air Worldwide Holdings Inc Issues FY 2013 EPS Guidance Below Analysts' Estimates; Comments On FY 2013 Quarterly EPS Guidance
Atlas Air Worldwide Holdings Inc announced that for fiscal 2013, it expects fully diluted earnings per share (EPS) to be approximately $4.65. The Company expects sequential increase in quarterly earnings throughout the year, starting at a marginal level in the first quarter of 2013 with approximately 75% occurring in the second half of 2013. The Company reported EPS of $1.83 for fourth quarter of 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.96 for fiscal 2013; EPS of $0.30 for first quarter of 2013; EPS of $1.08 for second quarter of 2013; EPS of $1.50 for third quarter of 2013; $2.0 for fourth quarter of 2013. Full Article
Atlas Air Worldwide Holdings Inc Announces New Contract With Chapman Freeborn
Atlas Air Worldwide Holdings Inc announced that its Atlas Air, Inc. unit has entered into a contract with Chapman Freeborn Airchartering Ltd. to provide Boeing 747-400 Freighter service. The contract is for one aircraft under a multiyear Aircraft, Crew, Maintenance and Insurance (ACMI) agreement, with service beginning April 2013. This will be the first dedicated 747-400F in Chapman Freeborn`s network fleet, which regularly includes a number of various aircraft types under long-term arrangements. Chapman Freeborn first secured a 747-200F under a long-term arrangement in 2009 and has had various other 747 freighters under contract since that time. Full Article
Atlas Air Worldwide Holdings Inc Reaffirms FY 2012 EPS Guidance; Comments On FY 2013 EPS Guidance
Atlas Air Worldwide Holdings Inc announced that as previously announced, it anticipates that reported and adjusted fully diluted earnings in fiscal 2012 will total more than $4.65 per share. Guidance and ultimate performance for the year will be shaped by global economic growth and airfreight market conditions, which are likely to remain subdued well into the year. Despite these pressures, the Company expects to perform well in fiscal 2013, with earnings for the year currently anticipated to be in line with fiscal 2012 results. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.68 for fiscal 2012; EPS of $5.33 for fiscal 2013. Full Article
Atlas Air Worldwide Holdings Inc Lowers FY 2012 EPS Guidance
Atlas Air Worldwide Holdings Inc announced that it continue to anticipate strong, double-digit earnings growth in fiscal 2012. However, given the relative underperformance of the airfreight market to date this year and the softer-than-expected peak season that is materializing, the Company now anticipate that reported and adjusted fully diluted earnings will increase approximately 13% compared with adjusted fiscal 2011 EPS, to more than $4.65 per share rather than over $5.10, as the Company's block hours increase approximately 12%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $5.20 for fiscal 2012. Full Article
Atlas Air Worldwide Holdings Inc Wins Air Force One Training Contract
Atlas Air Worldwide Holdings Inc announced that its Atlas Air, Inc. unit has won a U.S. Air Force contract to train the aircrews of Air Force One. Under the five-year, fixed-price contract, crews for the Air Force One, a modified version of the Boeing 747-200, will receive ground and flight-simulator training at Atlas Air`s world-class training center in Miami, Fla. Atlas Air has held the contract and has been providing this service to the Air Force since October 2007. Full Article
Atlas Air Worldwide Holdings, Inc. Reaffirms FY 2012 EPS Guidance-Conference Call
Atlas Air Worldwide Holdings, Inc. reaffirmed its fiscal 2012 guidance to deliver both recorded and adjusted earnings per share (EPS) of more than $5.10. That's an increase of 24% from its adjusted EPS in fiscal 2011. Full Article
German insurance claims for flood damage may be nearly $8 bln-AIR
FRANKFURT, June 20 - Insurance claims for flood damage in Germany may be as much as 6 billion euros ($8 billion), catastrophe modelling firm AIR Worldwide said on Thursday, after the worst flooding in a decade.

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