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Atlas Air Worldwide Reports Strong Third- Quarter Results • Quarterly Revenue Exceeded $ 1.0 Billion • Reported Net Income Increased to $ 119.5 Million • Adjusted EBITDA Grew to $ 280.5 Million • • Adjusted Net Income Increased to $ 145.4 Million Expect Record Fourth Quarter PURCHASE , NY , November 3 , 2021 - Atlas Air Worldwide Holdings , Inc. ( Nasdaq : AAWW ) today announced strong third - quarter 2021 results , including net income of $ 119.5 million , or $ 3.91 per diluted share , compared with net income of $ 74.1 million , or $ 2.78 per diluted share , in the third quarter of 2020 . On an adjusted basis , EBITDA grew sharply to $ 280.5 million in the third quarter this year compared with $ 196.3 million in the third quarter of 2020. Adjusted net income in the third quarter of 2021 increased to $ 145.4 million , or $ 4.88 per diluted share , compared with $ 82.7 million , or $ 2.84 per diluted share , in the third quarter of 2020 . “ We delivered outstanding financial and operating results in the third quarter . We flew over 90,000 block hours and generated quarterly revenue that exceeded $ 1.0 billion for the first time in our company's history , " said Atlas Air Worldwide President and Chief Executive Officer John W. Dietrich . “ Our strategic focus on express , e - commerce and fast - growing global markets is driving robust demand for our services and producing strong financial performance . In a very challenging pandemic operating environment , our team pulled together to increase utilization of our aircraft , and safely serve our customers and the global supply chain . " We recently announced long - term contract extensions for 20 aircraft with DHL Express as well as a new long - term ACMI agreement with FedEx . We have also extended or entered into other new long- term agreements with additional strategic customers . Collectively , these agreements demonstrate our ability to capitalize on market opportunities and deepen long - standing relationships with our customers . " As we served the needs of our customers and their businesses , we were also extremely proud to support the U.S. government's historic evacuation from Afghanistan . In total , we operated over 30 missions , transporting about 10,000 U.S. personnel as well as Afghan evacuees and their families from various locations into the United States . " Mr. Dietrich added : " At Atlas , our people are our greatest asset , and we are pleased to have reached a new five - year joint collective bargaining agreement with our pilots . Under this agreement , all of our pilots will receive higher pay , quality of life improvements and enhanced benefits in line with our competitive landscape . We look forward to continuing to work collaboratively with our pilots and their new union leadership to build an even stronger company .