Atlas Air Worldwide Holdings reports full-year net income of $141.8 million

Atlas Air Worldwide Holdings announced significantly higher fourth-quarter and record full-year 2010 earnings. Adjusted net income in the fourth quarter jumped 23% to $41.4 million completing a year in which adjusted net earnings soared 102% to a record $150.0 million. On a reported basis, fourth-quarter net income rose 47% to $41.6 million. Full-year reported net income increased 82% to $141.8 million.