Monday, May 17, 2010 --   Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading global provider of air cargo assets and outsourced aircraft operating solutions, will sponsor an analyst-investor day on Thursday, May 20, and will broadcast presentations by senior management live via the Internet beginning at 9 a.m. Eastern time and concluding at noon.

William J. Flynn, AAWW’s President and Chief Executive Officer, will host the day and be a principal speaker. Other key speakers will be John W. Dietrich, Executive Vice President and Chief Operating Officer, Jason Grant, Senior Vice President and Chief Financial Officer, and Michael T. Steen, Senior Vice President and Chief Marketing Officer.

Interested parties are invited to listen to the Webcast live over the Internet at http://www.wsw.com/webcast/aaww3/.

For those unable to listen to the live Webcast, an archived replay will be available through the Company’s Web site (www.atlasair.com) shortly following the conclusion of management’s presentations.

About Atlas Air Worldwide Holdings, Inc.:

AAWW 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). Through Atlas and Polar, AAWW operates the world’s largest fleet of Boeing 747 freighter aircraft.

Atlas, Titan and Polar offer a range of air cargo and outsourced aircraft operating solutions that include ACMI aircraft leasing – in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis; CMI service, for customers that provide their own aircraft; express network and scheduled air cargo service; military charters; commercial cargo charters; and dry leasing of aircraft and engines.

AAWW’s press releases, SEC filings and other information may be accessed through the Company’s home page, www.atlasair.com.