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Atlas Air Worldwide Holdings, Inc. President and CEO To Speak At Imperial Capital Special Situations Equity Conference May 24, 2005

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Atlas Air Worldwide Holdings, Inc. President and CEO To Speak At Imperial Capital Special Situations Equity Conference May 24, 2005

Monday, May 23, 2005 --   Atlas Air Worldwide Holdings, Inc. (AAWW) (OTC: AAWWV.PK), a leading provider of global air cargo services, has announced that President and Chief Executive Officer Jeffrey H. Erickson will speak on behalf of AAWW at Imperial Capital's Special Situations Equity Conference in New York City on Tuesday, May 24, 2005, at 1:30 P.M.

Mr. Erickson's presentation will be broadcast simultaneously on the Internet and can be accessed via AAWW's Web site at http://www.atlasair.com or Imperial Capital's Web site at http://www.imperialcapital.com. An archived broadcast of the presentation will be available as well.

About the Company

AAWW is the parent company of Atlas Air, Inc. (Atlas) and Polar Air Cargo, Inc. (Polar), which together operate the world's largest fleet of Boeing 747 freighter aircraft.

Atlas is the world's leading provider of ACMI (aircraft, crew, maintenance and insurance) freighter aircraft to major airlines around the globe. Polar is among the world's leading providers of airport-to-airport freight carriage. Polar operates a global, scheduled-service network and serves major trade lanes of the world.

Through both of its principal subsidiaries, AAWW also provides commercial and military charter services.

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