Atlas Air Worldwide reports net income of $132.4 million for full year 2007

For the full year ended December 31, 2007, AAWW posted net income of $132.4 million more than double 2006 levels, on revenues of $1.563 billion. Operating income of $154.8 million and pretax income of $132.7 million included a nonrecurring gain of $3.5 million on the disposal of aircraft and engines.

For the quarter ended December 31, 2007, AAWW reported net income of $50.7 million on revenues of $442.8 million. Operating income of $70.7 million and pretax income of $66.7 million included a nonrecurring gain of $2.5 million on the disposal of surplus aircraft engines.

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