By Leslie Josephs, CNBC •
Updated on February 18, 2021 at 11:36 am
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The Amazon Air contractor said it expects higher revenue in the first quarter.
Air cargo has been a relative bright spot compared with passenger airlines that have struggled during the Covid pandemic.
Atlas Air Worldwide Holdings on Thursday forecast an increase in first-quarter revenue as the Amazon air contractor continues to benefit from higher demand during the Covid-19 pandemic. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
The cargo-and-charter company swung to a profit of $360 million in 2020 from a net loss the year earlier of $293 million, with revenue last year rising 17% to $3.2 billion.
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