Atlas Air Worldwide Announces Placement of Two Additional Boeing 747 Freighters in ACMI Service for DHL Express
October 23 2014 - 8:30AM
Business Wire
Incremental 747-8F and 747-400F Will Total
12 Atlas Freighters in DHL’s Intercontinental Network
Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) today announced
the placement of two incremental Boeing 747 freighters into ACMI
service.
The two aircraft, a 747-8F and a 747-400F, will be operated in
Polar Air Cargo Worldwide’s express network under an ACMI
arrangement 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 October 26,
2014.
“We are pleased to expand our long-standing relationship with
DHL and to support the advancement of its global network
operations,” said William J. Flynn, President and Chief Executive
Officer, Atlas Air Worldwide.
When the new ACMI service begins, Polar’s express network will
total twelve 747 freighters, consisting of five 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 Boeing 767
Freighters in CMI service for DHL, with 11 aircraft in operation by
the end of January 2015.
About Atlas Air Worldwide:
Atlas Air Worldwide 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; military
cargo and passenger charters; commercial 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.
Atlas Air Worldwide Holdings, Inc.MediaBonnie Rodney,
914-701-8580orInvestorsDan Loh, 914-701-8200
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