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Atlas Air Worldwide Places 747-400 Freighter With DHL Global Forwarding

PURCHASE, N.Y., Sept. 14, 2017 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) today announced the ACMI placement of a 747-400 freighter with DHL Global Forwarding, the world’s largest airfreight forwarding company and a division of the Deutsche Post DHL Group.

The 747-400F will be operated by Atlas Air, Inc. and will fly on behalf of DHL Global Forwarding through an aircraft, crew, maintenance and insurance agreement. The new service will commence this month and will serve routes between the United States, Europe, and Asia.

“DHL Global Forwarding is a leading service provider in the global airfreight industry, and we are delighted that they have chosen to partner with Atlas Air as they continue to innovate and develop new solutions for their customers,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “This agreement is a further testament to our strong focus on service quality and value-added solutions for our customers." 

“We are excited to enter into this agreement with Atlas Air to provide our customers with a unique dedicated aircraft solution,” said Ingo-Alexander Rahn, Executive VP Global Airfreight, DHL Global Forwarding. “We are looking forward to a long and successful partnership.”

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 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: 
Elizabeth Roach (Media) – (914) 701-6576
Dan Loh (Investors) – (914) 701-8200

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