Atlas Air Worldwide Places 3rd 747 Freighter with Etihad Airways

Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW), a leading global provider of outsourced aircraft and aviation operating services, today announced the placement of a third Boeing 747 Freighter into ACMI service for Etihad Airways, the national carrier of the United Arab Emirates.

The 747-400 freighter will be operated by Atlas Air, Inc. on behalf of Etihad Cargo, the cargo arm of the airline, through an aircraft, crew, maintenance and insurance agreement. The new 747 service is scheduled to begin this month and will increase the number of Atlas aircraft operated for Etihad Airways to three.

William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide, said, “We are continuing to expand our strategic partnership with Etihad Cargo and are delighted to support the sustained strong growth of its global network.”

James Hogan, Etihad Airways President and Chief Executive Officer, said, “Our partnership with Atlas Air is an important part of our success and we are confident that it will continue to deliver the operational excellence, outstanding customer service and security that will help us achieve our goal.”