Be sure you've got the alpha active on the render settings and ouput modules. Not all codecs support alphas. If you are unsure, experiment with short tests of only a few frames. Animation codec supports alpha but your Avid codec may not (dunno, don't use Avid).
david
Sadly it doesn't.
/Z
Please, God, let there not be another alpha channel debate!
I can't take anymore!
-stev=o
/Z
Sorry, I couldn't resist.
Thank you, and goodnight.
(behold the rapturous applause that can be heard far and wide!)
[-:
3D Studio does it gladly, for instance.
/Z