PURCHASE, N.Y., December 20, 2012 – Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW)
announced today that its Atlas Air, Inc. unit will provide operating
service on intra- Asian routes for two new Boeing 767-300ERF aircraft
owned by DHL Express beginning in the latter
part of the first quarter 2013. Atlas Air will operate the aircraft for
its sister company, Polar Air Cargo Worldwide, Inc., linking the
intra-Asian flights with Polar’s existing transpacific, all- cargo
services for DHL and other customers.
The new operation represents a continued expansion of Atlas Air’s asset-light CMI (Crew, Maintenance and Insurance) service solution, which was launched in 2010. CMI is expected to be a strategic driver of company revenues and earnings and improved business mix over the next few years and beyond.
With the addition of the new aircraft to the company’s operating certificate, Atlas Air’s fleet of B767s will increase to 10 aircraft.
The new operation represents a continued expansion of Atlas Air’s asset-light CMI (Crew, Maintenance and Insurance) service solution, which was launched in 2010. CMI is expected to be a strategic driver of company revenues and earnings and improved business mix over the next few years and beyond.
With the addition of the new aircraft to the company’s operating certificate, Atlas Air’s fleet of B767s will increase to 10 aircraft.
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