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Non-Tech : Atlas Air
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To: Tony van Werkhooven who wrote (149)11/13/1998 7:38:00 AM
From: Eric Berry  Read Replies (1) of 182
 
Tony,

I hope this adds to the bottom line also. I'm wondering about two things however: I wonder if this is just a short term contract, like over the Christmas season. I hope not; a long time relationship with Fed Ex would be wonderful (just don't let them sell you any planes!). Atlas also states that the contract would begin in the fourth quarter - I thought this was the fourth quarter - so when does the fourth quarter start? However, on the plus side, it's at least guaranteed for a minimum number of hours, so there won't be any downside surprises for CGO.

As for the recent weakness, I think it just profit taking.

Eric B.
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