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Atlas Air Worldwide Holdings, Inc. Files Form 8-K Report for Second-Quarter, Six-Month 2004 Results

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Atlas Air Worldwide Holdings, Inc. Files Form 8-K Report for Second-Quarter, Six-Month 2004 Results

Thursday, February 10, 2005 --   Atlas Air Worldwide Holdings, Inc. (AAWW) (OTC: AAWWV.PK), a leading provider of global air cargo services, has filed a Current Report on Form 8-K with the Securities and Exchange Commission that reports, among other things, the Company's unaudited consolidated financial results for the three- and six-month periods ended June 30, 2004.

The results relate to periods prior to AAWW's emergence from Chapter 11 bankruptcy proceedings in late July 2004. The financial statements included in the Form 8-K have not been reviewed by AAWW's independent public accountants. While AAWW expects to re-file the financial statements for these periods on an amended Form 8-K or on SEC Form 10-Q once the independent accountants have completed their review, AAWW management believes that the financials included in the 8-K accurately reflect AAWW's financial condition as of the periods indicated.

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