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Atlas Air Worldwide Reports Second- Quarter 2021 Results • Reported Net Income of $ 107.1 Million • Adjusted EBITDA of $ 243.7 Million • Adjusted Net Income of $ 121.8 Million • Robust 3Q21 Outlook PURCHASE , N.Y. , August 5 , 2021 - Atlas Air Worldwide Holdings , Inc. ( Nasdaq : AAWW ) today announced second - quarter 2021 net income of $ 107.1 million , or $ 3.53 per diluted share , compared with net income of $ 78.9 million , or $ 3.01 per diluted share , in the second quarter of 2020 . On an adjusted basis , EBITDA totaled $ 243.7 million in the second quarter this year compared with $ 247.0 million in the second quarter of 2020. Adjusted net income in the second quarter of 2021 totaled $ 121.8 million , or $ 4.10 per diluted share , compared with $ 123.2 million , or $ 4.71 per diluted share , in the second quarter of 2020 . Second - quarter 2021 Airline Operations segment performance improved significantly compared with the prior year that included exceptionally high commercial cargo Charter yields in April and May 2020 . “ Our strong performance continued in the second quarter , with revenue and earnings exceeding our already high expectations , ” said Atlas Air Worldwide President and Chief Executive Officer John W. Dietrich . " These positive results were driven by our team executing our strategy , increasing the utilization of our aircraft and delivering safe , high - quality service for our customers . “ Our performance continued to benefit from operating the four 747 freighters and one 777 freighter we reintroduced to our fleet throughout 2020. This capacity , along with a tremendous team effort , contributed to our ability to enter into and extend long - term agreements with strategic customers , as well as to capitalize on lucrative short - term opportunities in the strong global airfreight market . " Economic and supply chain conditions remain favorable for air cargo and our dedicated freighters . These include global airfreight volumes exceeding pre - pandemic levels , an acceleration of e- commerce and express growth , low inventory levels , positive Purchasing Managers ' Index readings , as well as congestion , long lead times and elevated pricing for ocean freight . Demand also continues to exceed available supply , particularly on long - haul international routes , as belly capacity on a significant number of widebody passenger aircraft remains out of the market . ” Mr. Dietrich added : “ I would like to thank all our employees for safely supporting our customers and the global supply chain during this time of continued need . While the operating environment remains challenging due to the ongoing pandemic , the market dynamics we are seeing in the third quarter remain strong .