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Atlas Air, Inc. (Atlas) is the leading provider of ACMI (Aircraft, Crew, Maintenance and Insurance) leasing to major airlines around the globe and operates a large fleet of all-cargo B747 aircraft. Atlas Air, Inc. (Atlas) is wholly owned by AAWW, and its sister company, Polar Air Cargo Worldwide, Inc. (Polar) is 51% owned by AAWW.   2005 Winner of the prestigious Air Cargo Excellence (ACE) Award in the Air Cargo Charter category. The ACE Awards are presented based on a survey of 20,000 members of the airline and freight forwarding industries in which the members rate air carrier service providers in the areas of Performance, Customer Service, Value, Information Technology and Overall Quality.   ATLAS AIR WORLDWIDE HOLDINGS, INC. 2Q08 PRETAX INCOME TOTALS $6.6 MILLION; NET INCOME $1.5 MILLION, $0.07 PER SHARE EFFICIENT FREIGHTER ASSETS, BEST-IN-CLASS OPERATING SOLUTIONS, CONTINUOUS IMPROVEMENT INITIATIVES MITIGATE IMPACT OF RECORD FUEL PRICES ATLAS AIR WORLDWIDE HOLDINGS TO REPORT SECOND-QUARTER 2008 RESULTS ON THURSDAY, AUGUST 7
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