Cargo operator Atlas Air Worldwide Holdings (AAW) reported second-quarter net income of $86.9 million, reversed from a $21.1 million net loss in the year-ago period. However, the results were below analysts’ expectations as air cargo volumes and yields were held down by escalating tariffs and global trade tensions. “With manufacturers and shippers taking a wait-and-see approach regarding tariffs and trade issues during the course of the quarter, we experienced a softening in ...

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