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PUBLISHER: The Load Star (

As it tabled record results for the year and its final quarter, Atlas Air sent a strong signal that it favours steady growth over short-term gains in the spot market.

The aircraft leasing company flanked its results presentation with announcements of long-term placements of the last B747-8 freighters due to join its fleet this year, indicating a strong market outlook and an inclination to place aircraft in long-term contracts.

To nobody’s surprise, Atlas recorded strong growth: revenues for the full year climbed 25%, to $4bn; while net income soared 36.8%, to $493.3m.

Atlas Air Worldwide president & CEO John Dietrich said: “2021 was another outstanding year, with excellent financial and operating performance.

“With the strength, flexibility and resiliency of our global business model, our experienced and dedicated team delivered high-quality services to our customers in an operating environment with persistent pandemic-related obstacles.”

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