Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating services, today announced that it has taken delivery of its seventh Boeing 747-8 Freighter aircraft and placed it into service with DHL Express.
N853GT is the seventh Boeing 747-8F to join the Atlas Air fleet. (Photo: The Boeing Company)
This aircraft will be operated by Atlas Air Worldwide’s unit, Atlas Air, Inc., in the Polar Air Cargo Worldwide express network under an ACMI arrangement for the benefit of DHL Express and Polar’s other customers commencing immediately. It joins Atlas Air’s sixth 747-8F aircraft, which began service for DHL Express in October. These aircraft are the first of their type to be flown for DHL Express and will operate in DHL’s Asian and transpacific markets. The newest aircraft replaces a Boeing 747-400 Freighter previously in service for DHL Express.
Atlas Air expects to receive two additional 747-8Fs in the first half of 2013, for a total of nine aircraft, completing the delivery of its order program.
About Atlas Air Worldwide:Atlas Air Worldwide is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing (Titan), and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). Atlas Air Worldwide also maintains a 49% interest in Global Supply Systems Limited (GSS). Through Atlas and Polar, Atlas Air Worldwide operates the world’s largest fleet of Boeing 747 freighter aircraft. Atlas, Titan and Polar offer a range of outsourced aircraft and aviation operating services that include ACMI service – in which customers receive an aircraft, crew, maintenance and insurance on a long-term basis; CMI service, for customers that provide their own aircraft; express network and scheduled air cargo service; military cargo and passenger charters; commercial cargo and passenger charters; and dry leasing of aircraft and engines.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV