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The company just reported the best quarter in its history in terms of revenues and earnings and management expects next quarter to be even better. Results were driven by higher yield and increased aircraft utilization. They also reflected new and extended long term customer contracts and passenger charter flying for the US military.
Its balance sheet, on the other hand, does not look comforting as its current ratio is below 1. But, AAWW has grown EBITDA an average of 39.2% per year over the past five years and earnings are expected to rise 26.1% year over year in the current quarter.
