|Atlas Air Worldwide Places Additional Boeing 747 Freighter in ACMI Service for DHL Express|
Thursday, June 18, 2015 -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the placement of an additional Boeing 747-400 freighter into ACMI service.
The aircraft will be operated by Polar Air Cargo Worldwide, Inc. to expand its express network for the benefit of DHL Express, the world's leading international express shipping company, and Polar's other customers. Operations are scheduled to begin on July 1, 2015.
“We are pleased to support the continuing growth of DHL's global network operations,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “The new aircraft will enable an increase in service to Shenzhen, China.”
When the new service begins, Polar's express network will consist of six 747-8Fs and seven 747-400Fs in ACMI on behalf of DHL and Polar's other customers. Atlas also will continue to operate a fleet of eleven Boeing 767 Freighters in CMI service for DHL, including nine in North America and two in the Asia-Pacific region.
About Atlas Air Worldwide:
Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Holdings, Inc. (Titan), and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). 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; 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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