Atlas Air Worldwide Holdings (AAW) posted a 2019 first-quarter adjusted net income of $27.3 million, a 15% increase year-over-year. Volumes increased 16% to 77,061 block hours, while revenue grew 15% to $679.7 million. However, the cargo carrier’s pre-adjustment posting for the quarter was a loss of $29.7 million, because of a noncash unrealized loss of $46.6 million on outstanding warrants. AAW will put the first two Boeing 737-800Fs it will fly for Amazon Air into service in May, ...

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