Atlas Air Flies First 747-400 Freighter into New Dubai World Central-Al Maktoum International Airport
October 18 2010 - 12:02PM
Business Wire
Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a
leading global provider of air cargo assets and outsourced aircraft
operating solutions, today confirmed the successful operation on
October 14 of the first scheduled freighter service into the new
Dubai World Central (DWC)-Al Maktoum International Airport on
behalf of its long-standing ACMI customer, Panalpina Group.
Atlas Air’s Boeing 747-400 freighter flight initiates a new
controlled airfreight service by Panalpina. The service will
include two weekly flights into Dubai as part of a round-the-world
rotation connecting Luxembourg, Dubai, South Africa, Hong Kong,
North America and Latin America.
In addition, a second Atlas Air 747-400 freighter is helping
Panalpina inaugurate new express service between Huntsville, Ala.,
and São Paulo, Brazil, enhancing connections between Asia, North
America and Latin America.
“We are proud to support our long-term customer and facilitate
Panalpina’s growth,” said Michael Steen, Senior Vice President and
Chief Commercial Officer of AAWW. “Our industry-leading service
enables Panalpina to offer its customers a unique and highly
flexible solution for time-definite airfreight.”
According to Claus Schmidt, Panalpina’s Middle East Area
Manager, “Our DWC service is a milestone in Panalpina’s growth
plans in the region. It links our new Middle East distribution
center at DWC with our network in Europe, Africa, Asia and North
America. It also allows us to offer our customers fast turnaround
times from cargo arrival to delivery.”
A new multi-year ACMI service agreement between Panalpina and
Atlas Air, under which Atlas Air operates two 747-400 freighter
aircraft for Panalpina, was announced on September 15, 2010, at the
20th anniversary party of Panalpina’s “Dixie Jet” freighter service
connecting Huntsville, Ala., with Europe.
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 services 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.
The Panalpina Group
The Panalpina Group is one of the world's leading suppliers of
forwarding and logistics services, specializing in end-to-end
supply chain management solutions and intercontinental air freight
and ocean freight shipments. Thanks to its in-depth industry
know-how and state-of-the-art IT systems, Panalpina provides
globally integrated door-to-door forwarding services tailored to
its customers' individual needs. The Panalpina Group operates a
close-knit network with some 500 branches in over 80 countries. In
a further 80 countries, it cooperates closely with partner
companies. Panalpina employs approximately 14,000 people
worldwide.
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