Atlas Air and DHL Express Extend Agreements for 20 Freighters
September 14 2021 - 8:00AM
Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc.
(Nasdaq: AAWW), announced it has entered into contract extensions
with DHL Express to continue operating 20 freighter aircraft in
support of their fast-growing express and e-commerce markets.
These agreements build on the long-standing
strategic partnership between Atlas Air Worldwide and DHL, which
began in 2008 and included DHL acquiring 49% of AAWW’s subsidiary,
Polar Air Cargo, as well as a long-term agreement for six dedicated
747-400Fs to operate on key Trans-Pacific routes.
The partnership has grown significantly over the
years, and under these extended agreements, Atlas Air will continue
to operate four different aircraft platforms for DHL Express,
including:
- Six Boeing 747-8 freighters
- Two Boeing 747-400 freighters
- Eight Boeing 777-200
freighters
- Four Boeing 767-300 freighters
“DHL Express is a global leader in express and
e-commerce, and it is our privilege to contribute to their
continued success,” said John W. Dietrich, President and Chief
Executive Officer of Atlas Air Worldwide. “These agreements build
on our successful 13-year partnership. We look forward to
continuing to provide DHL Express with critical capacity through
our modern, fuel-efficient fleet. As this agreement indicates,
Atlas is capitalizing on the strong global airfreight market
conditions as we deepen relationships with our customers.”
“We are pleased to extend our long-standing and
valued partnership with Atlas Air,” said Rob Hyslop, Executive Vice
President Aviation at DHL Express. “Continuing to utilize
Atlas and its global operating capabilities enables us to best
serve our customers and their continued high demand for fast
international shipping, fueled by the megatrend of e-commerce and
the overall importance of global trade.”
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 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.
Contacts: |
Investors
– InvestorRelations@atlasair.com |
|
Media – CorpCommunications@atlasair.com |
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