Atlas Air Worldwide Announces 747-400F Service For New Customer

PURCHASE, N.Y., Dec. 01, 2016 -- Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) today announced that its Atlas Air, Inc. unit has entered into an agreement to operate its first Boeing 747-400 Freighter for Nippon Cargo Airlines (NCA), with an opportunity for additional aircraft in the future.

The contract is initially for one aircraft to be flown in key global routes across the transpacific connecting Asia and the U.S. Service is scheduled to begin in January 2017.

“Nippon Cargo Airlines is an important addition to our customer portfolio,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.  “We are very pleased that NCA has chosen Atlas Air to manage an important part of its international network.  NCA is very focused on high service quality, and we look forward to providing it and its customers with unmatched service and a platform for future expansion.”

Fukashi Sakamoto, President and Chief Executive Officer, NCA, said, “We are delighted to begin this strategic arrangement with Atlas Air, and we look forward to having a long, mutually beneficial relationship.”

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, 757 and 737 aircraft for domestic, regional and international applications.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasair.com.

Contacts:
Bonnie Rodney (Media) – (914) 701-8580
Dan Loh (Investors) – (914) 701-8200