Atlas Air Worldwide Holdings Inc - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Atlas Air Worldwide Holdings (Atlas) is a global provider of outsourced aircraft operations and related services, serving the global air freight industry by operating aircraft on behalf of the world’s major international airlines, freight forwarders and the US military. The company operates in Asia, Europe, the Middle East, South America, and the US. The company is headquartered in Purchase, New York, and employed 1,725 people as on December 2007. The company recorded revenues of $1,562.7 million during the financial year (FY) ended December 2007, an increase of 5.9% over 2006. This was primarily due to the increase in AMC, commercial charter and scheduled service block hours (The time interval between aircraft departure from the terminal until it arrives at the destination terminal) as well as increased revenue per block hour. The operating profit of the company was $155 million during FY2007, an increase of 2% over 2006. The net profit was $132 million in FY2007, as compared to $60 million in 2006.
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