Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today announced that its Atlas Air, Inc. unit has signed an agreement to operate a VIP-configured Boeing 767-200 passenger aircraft in CMI service for MLW Air, LLC. Flights are expected to commence this summer.
Under the new CMI (Crew, Maintenance, Insurance) agreement, Atlas Air will operate MLW Air’s unique, all-first class, 102-seat Boeing aircraft, extending Atlas Air’s innovative CMI service solution and its growing 767 aircraft platform into very high-end passenger transport. The flights will be marketed as charters to sports teams, entertainers and other high-profile users.
“This agreement to operate one of the world’s most distinctive aircraft further expands our asset-light CMI service solution and diversifies our business mix with additional passenger ability,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.
“We look forward to offering MLW Air a combination of experienced pilots, highly trained flight attendants and an outstanding maintenance and safety record to provide a one-of-a-kind experience for passengers who demand the best.”“We are keenly anticipating our partnership with Atlas Air, trusted the world over for operating aircraft to hundreds of destinations worldwide at any time,” said Martin Woodall, Chief Executive Officer of MLW Air. “Our customers demand outstanding service and reliability, and that’s why Atlas Air is the right partner for us.” MLW Air’s Boeing 767 is the only all-first class 767 commercial charter aircraft with worldwide operations registered with the Federal Aviation Administration. The dual-aisle plane features first class seats with 60-inch pitch (the distance between a row of seats) in a two-by-two-by-two configuration. The seats recline to 156 degrees for maximum comfort and come with adjustable head and foot rests. The plane is ideal to meet the needs of heads of state, celebrities, diplomats, professional sports teams, entertainers, private parties, tour groups and other charter needs. The client list includes the Dallas Stars and Dallas Mavericks and such entertainers as Bruce Springsteen, the Rolling Stones and Beyoncé.
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