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Oct. 11, 2016, 8:43 a.m. EDT

Atlas Air enters deal with Boeing to convert 9 767s into freight aircraft

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By Tomi Kilgore

Atlas Air Worldwide Holdings /zigman2/quotes/200338181/composite AAWW -0.50% and Boeing Co. /zigman2/quotes/208579720/composite BA +6.83% announced Tuesday a deal to convert nine 767 wide-body passenger planes into converted freighters, up from an order of four planes previously-announced in July. In May, Atlas Air had announced a deal to provide air cargo services to Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +2.49% , including the operation of 20 767 freighters. Atlas Air's stock, which was still inactive in premarket trade, has gained 3.8% year to date, while the NYSE Arca Airline Index /zigman2/quotes/210598447/delayed XX:XAL +1.69% has climbed 6.9% and the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.60% has gained 5.9%.

/zigman2/quotes/200338181/composite
US : U.S.: Nasdaq
$ 60.24
-0.30 -0.50%
Volume: 343,404
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.57 billion
Rev. per Employee
$817,626
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/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 156.03
+9.98 +6.83%
Volume: 29.12M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$88.07 billion
Rev. per Employee
$660,961
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,095.13
+75.34 +2.49%
Volume: 4.62M
Sept. 25, 2020 4:00p
P/E Ratio
118.97
Dividend Yield
N/A
Market Cap
$1550.32 billion
Rev. per Employee
$359,671
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/zigman2/quotes/210598447/delayed
XX : ICE Gib Ind
56.62
+0.94 +1.69%
Volume: 0.00
Sept. 25, 2020 5:59p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,298.46
+51.87 +1.60%
Volume: 2.18B
Sept. 25, 2020 5:06p
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