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Formula 1 Chooses Atlas Air To Transport The World's Most Technologically Advanced Race Cars

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Formula 1 Chooses Atlas Air To Transport The World's Most Technologically Advanced Race Cars

Tuesday, May 19, 2009 --   Atlas Air, Inc. has recently completed successful cargo charters for F1, the preeminent global motorsport championship, in support of the Australian, Malaysian, Chinese, and Bahrain Grand Prix.

“Formula 1 is an unmatched championship series, where skill, technology, and dedication are put to the ultimate test. Atlas Air is proud to have been chosen again to transport teams, cars, and support equipment for F1's global events,” said William J. Flynn, President and Chief Executive Officer of Atlas Air's parent, Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW).

Atlas Air's highly efficient and reliable Boeing 747-400 freighter fleet is the industry benchmark for operating performance due to its cost and capacity advantage over other freighters. Atlas Air is the world's only 747-400F ACMI provider. Designed as a freighter, not adapted for cargo, the 747-400F's nose-loading door and advanced cargo-management system allow for the quick and efficient handling of oversized and extremely valuable loads.

And to even further Atlas' technological advantage for its customers, Atlas Air is also the only ACMI provider to have ordered the next-generation Boeing 747-8 freighter -- a game-changing aircraft that is expected to provide significantly greater payloads, less fuel burn, and a lower noise footprint.

About Atlas Air Worldwide Holdings, Inc.:

Atlas Air Worldwide Holdings, Inc. (AAWW) is the parent company of Atlas Air, Inc. (Atlas Air) and Titan Aviation Leasing Limited Titan, and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). Through Atlas Air and Polar, AAWW operates the world's largest fleet of Boeing 747 freighter aircraft.

Atlas Air, Titan and Polar offer a range of air cargo services that include ACMI aircraft leasing - in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis - express network and scheduled air cargo service, military charters, commercial cargo charters, and dry leasing of aircraft and engines.

AAWW's press releases, SEC filings and other information may be accessed through the Company's home page, www.atlasair.com.

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For more information, please contact:
Dan Loh
E-mail: Dan.Loh@atlasair.com