Fact Sheet
Atlas Air, Inc. (Atlas) is the leading provider of ACMI (Aircraft, Crew, Maintenance and Insurance) freighter leasing to major airlines around the globe and operates a large fleet of all-cargo Boeing 747 freighter aircraft. Atlas is a wholly owned subsidiary of Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), based in Purchase, N.Y.

ACMI Leasing
Atlas provides ACMI contracts to a number of major airlines, including British Airways, Emirates, Qantas and Air New Zealand, among others. Under an ACMI or “wet lease” contract, customers receive a dedicated aircraft that is crewed, maintained and insured by Atlas in exchange for agreed-upon rates and level of operation, enabling customers to utilize Atlas’ scale and efficiencies to expand their presence in the world’s cargo markets.

Charter Services
Atlas also provides charter services tailored to meet the individual needs of the customer. An Atlas charter includes not only aircraft, crew, maintenance and insurance, but also all landing/traffic permits, fuel, air waybill, aircraft handling and Atlas’ on-demand customer service center.

The Fleet
To provide these services, Atlas maintains an impressive fleet of B747 freighter aircraft, the most efficient and cost-effective aerial platform for transporting intercontinental shipments of heavy freight.

Through superior maintenance programs, management and commitment to quality, Atlas has an on-time performance that is unsurpassed. The Atlas fleet is fully certified to operate under conditions of very restricted visibility and is 100 percent Stage III/Chapter III compliant.

Founded in 1993 with one B747-200 contracted to China Airlines, Atlas expanded rapidly until, by the end of 2000, the Company’s fleet had grown to 36 aircraft. In 2001, AAWW was formed, and in November of that year, it acquired Polar Air Cargo Worldwide, Inc. (Polar) – a synergistic partner for Atlas, providing scheduled airport-to-airport wide-body service to global express operators, international freight forwarders and other shipping

Management Team
The Atlas senior management team has over 100 years of airline industry experience, including:
William J. Flynn, President and Chief Executive Officer
John Dietrich, Executive Vice President and Chief Operating Officer
Spencer Schwartz, Senior Vice President and Chief Financial Officer
Adam R. Kokas, Senior Vice President, General Counsel and Secretary
Michael T. Steen, Senior Vice President and Chief Marketing Officer

The Atlas Difference
Atlas is not only the largest air cargo outsourcer in the world, it is also the most experienced. No other company can match Atlas’s level of expertise in ACMI leasing or charters. Cost savings, time-definite delivery, reliability and commitment to quality is what makes Atlas the ACMI provider of choice for the airline industry, as well as the charter choice for many customers, most noteworthy the U.S. Air Force’s Air Mobility Command.

Corporate Headquarters
2000 Westchester Avenue
Purchase, NY 10577-2543
Telephone: +1 914 701 8000
Fax: +1 914 701 8001