Atlas Air Worldwide Delivers 20th 767-300 Freighter To Amazon
November 12 2018 - 7:02PM
Aircraft Delivered Ahead of Peak Holiday
Season
Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced
the delivery of its twentieth B767-300 converted freighter to
Amazon (Nasdaq: AMZN). The aircraft, which bears tail number
N1487A, entered into Amazon’s domestic air network ahead of the
peak holiday season to serve its growing customer demand.
“Our delivery of 20 aircraft to Amazon over the
last 28 months is a significant achievement,” said William J.
Flynn, President and Chief Executive Officer. “It is an
accomplishment that we are very proud of and for which our
employees worked hard. We appreciate Amazon’s confidence in our
capabilities, global scale and operating excellence.”
Mr. Flynn continued, “E-commerce is the fastest
growing air cargo segment, and we are excited to continue our
partnership with Amazon as it delivers innovative service to its
customers.”
Under long-term commercial agreements announced
in 2016, Atlas Air Worldwide’s airline subsidiary, Atlas Air, Inc.,
operates the aircraft for Amazon on a CMI (crew, maintenance and
insurance) basis and its leasing unit, Titan Aviation, dry leases
the aircraft to Amazon.
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., Southern Air Holdings, 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 a
broad array of Boeing 747, 777, 767, 757 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.atlasair.com.
Contacts: Elizabeth Roach (Media) – (914)
701-6576Dan Loh (Investors) – (914) 701-8200
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