Atlas Air and Flexport Expand Partnership
January 27 2022 - 8:00AM
Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc.
(Nasdaq: AAWW), today announced an agreement to expand its
partnership with Flexport, the technology platform for global
logistics, to add a third Boeing 747-400 freighter to its existing
fleet beginning in September 2022. This long-term charter agreement
reflects the strong customer demand for Atlas’ services and
dedicated international widebody airfreight capacity.
The agreement between Flexport and Atlas Air will
broaden Flexport’s network of dedicated freighters to include
service from Asia to Los Angeles (LAX), Miami (MIA) and soon,
Chicago (ORD). The additional freighter will increase Flexport’s
dedicated airfreight capacity from Atlas Air by 50% and allow for
enhanced schedule flexibility as new origins and destinations are
added in 2022 and beyond. The move eastward across the United
States will improve airfreight accessibility for global shippers
and enable them to design airfreight networks that best serve their
interests as part of strong, resilient multi-modal supply chain
strategies.
“We look forward to enhancing our long-term
relationship with Flexport as we continue to support the growth and
expansion of its network with dedicated freighters,” said Michael
T. Steen, Executive Vice President and Chief Commercial Officer,
Atlas Air Worldwide. “Atlas Air is strategically positioned to
serve Flexport with an unparalleled fleet of widebody freighters
and our vast global footprint. Our team is pleased to deliver even
more value to Flexport and its customers through the world-class
service they can depend on from Atlas Air.”
“We’re thrilled to expand our partnership with
Atlas Air Worldwide to bring additional capacity to Flexport
clients amid a turbulent time in airfreight,” said Neel Jones Shah,
Executive Vice President and Global Head of Airfreight at Flexport.
“This strategic agreement will strengthen Flexport’s dedicated
capacity network and provide global shippers with additional
origins and destinations throughout Asia and the United States,
ultimately enabling them to build more flexible and resilient
supply chains.”
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., 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 the broadest array of
Boeing 747, 777, 767 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.atlasairworldwide.com.
About Flexport:
We believe trade can move the human race forward.
That’s why it’s our mission to make global trade easy for everyone.
Flexport is the platform for global logistics—empowering buyers,
sellers and their logistics partners with the technology and
services to grow and innovate. Companies of all sizes—from emerging
brands to Fortune 500s—used Flexport technology to move nearly $19B
of merchandise across 112 countries in 2021.
Contacts: |
Investors – InvestorRelations@atlasair.com |
|
Media
– CorpCommunications@atlasair.com |
|
|
Flexport Media Contact: |
cdebenedictis@flexport.com |
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