Atlas Air Worldwide Holdings has reported second-quarter 2021 net income of US$107.1 million, compared to net income of US$78.9 million in the second quarter of 2020.
On an adjusted basis, EBITDA totaled US$243.7 million in the second quarter this year compared to US$247.0 million in the second quarter of 2020. Adjusted net income in the second quarter of 2021 totaled US$121.8 million compared to US$123.2 million in the second quarter of 2020.
Second-quarter 2021 airline operations segment performance improved significantly compared to the prior year that included exceptionally high commercial cargo charter yields in April and May 2020.
At June 30, 2021, the company’s cash, including cash equivalents and restricted cash, totaled US$760.5 million compared to US$856.3 million on December 31, 2020.