Atlas Air Worldwide to Report Third-Quarter 2011 Results on Thursday, November 3

Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating services, will release results for the third quarter ended September 30, 2011, prior to the opening of stock market trading on Thursday, November 3, 2011.

William J. Flynn, AAWW’s President and Chief Executive Officer, and Spencer Schwartz, Senior Vice President and Chief Financial Officer, will host a conference call to discuss AAWW’s results at 11:00 a.m. Eastern Time on November 3.

Interested parties are invited to listen to the call live over the Internet at www.atlasair.com (click on “Investor Information”, click on “Presentations” and on the link to the third-quarter call) or at the following Web address:

http://www.media-server.com/m/p/q8i2867f.

For those unable to listen to the live call, a replay will be archived on the above Web sites following the call. A replay will also be available through November 10 by dialing (855) 859-2056 (U.S. Toll Free) or (404) 537-3406 (from outside the U.S.) and using Access Code 21740718#.

Slides complementing the remarks by Mr. Flynn and Mr. Schwartz will be available for downloading from AAWW’s website prior to the call.

About Atlas Air Worldwide:

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 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.

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

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