Federal court decision provides clear path for completing contract negotiations for atlas air and southern air pilots

Purchase, n.y., april 02, 2020 (globe newswire) -- atlas air worldwide holdings, inc. (nasdaq: aaww) confirmed that tuesday, the federal district court in washington d.c. ruled that the arbitration awards issued in favor of atlas air, inc. and southern air, inc. last summer are binding and enforceable.  the court also directed the pilot union, the international brotherhood of teamsters, to provide the companies with an integrated seniority list by may 15, 2020, followed by joint collective bargaining for a finite period, with unresolved issues, if any, decided by binding arbitration.
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