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Atlas Air Worldwide Holdings, Inc.

atlasair.com

Atlas Air Worldwide Holdings, Inc. (AAWW) is principally involved in the airport-to-airport air transportation of heavy freight cargo through its two operating subsidiary airlines, Atlas Air, Inc. (Atlas) and Polar Air Cargo, Inc. (Polar). The Company, with a fleet of 41 Boeing 747 aircraft, provides four specific services types:ACMI leasing; global scheduled service, commercial charter services; and U.S. military charter services. During the early 1990s, Michael Chowdry, the founder of Atlas Air, Inc. (AAWWs predecessor), observed that passenger airlines were losing money and parking aircraft, while the limited number of high-gross-weight, long-haul cargo aircraft were all being actively utilized.

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