|Atlas Air Worldwide Announces Placement of Additional 747-400 Freighter ACMI Services for DHL Express|
Thursday, June 05, 2014 -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the placement of additional Boeing 747-400 Freighter ACMI services for DHL Express, the world's leading international express shipping company.
ACMI services under the new agreement will provide additional intercontinental capacity for DHL Express from Asia commencing in mid-June. At that time, Atlas will operate a total of four 747-8Fs and six 747-400Fs in ACMI service on behalf of DHL. Atlas will also continue to operate seven Boeing 767 Freighters in CMI service for DHL.
“We are delighted to expand our long-standing relationship with DHL and to support the strong growth of its global network operations,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.
About Atlas Air Worldwide:
Atlas Air Worldwide is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing (Titan), and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). Atlas Air Worldwide also maintains a 49% interest in Global Supply Systems Limited (GSS). Through Atlas and Polar, Atlas Air Worldwide operates the world's largest fleet of Boeing 747 freighter aircraft.
Atlas, Titan and Polar offer a range of outsourced aircraft and aviation operating services that include ACMI service - in which customers receive an aircraft, crew, maintenance and insurance on a long-term basis; CMI service, for customers that provide their own aircraft; express network and scheduled air cargo service; military cargo and passenger charters; commercial cargo and passenger charters; and dry leasing of aircraft and engines.
Atlas Air Worldwide's press releases, SEC filings and other information can be accessed through the Company's home page, www.atlasair.com.
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