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Atlas Air Worldwide Announces 747-400F Aircraft Transportation Services Agreement With SF Express

PURCHASE, N.Y., Thursday, September 20, 2018 --   Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced that its Atlas Air, Inc. unit has entered into an aircraft transportation services agreement to operate a Boeing 747-400 Freighter for SF Express, China's leading express service provider, to enhance operating capability between China and the United States.

Atlas Air will operate the aircraft on behalf of SF Express on key global routes across the fast-growing transpacific market, connecting China with the United States. The aircraft is an incremental unit in Atlas Air's fleet in response to customer demand and will enter into service in October 2018.

“We are delighted to welcome SF Express as a strategic customer and to continue expanding our position in the express industry and the Asia-Pacific market,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “SF Express plays a very important role in the growing express and e-commerce industries, and we look forward to providing SF Express and its customers with unmatched service and a platform for future global expansion.”

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., Southern Air Holdings, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world's largest fleet of 747 freighter aircraft and provide customers a broad array of Boeing 747, 777, 767, 757 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Atlas Air Worldwide'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