Atlas Air Takes Delivery of First of Four New Boeing 747-8 Freighters

Dedicated Aircraft Underscores Partnership with Cainiao  

Purchase, N.Y., June 2, 2022 – Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced it has taken delivery of a Boeing 747-8 freighter, which will operate on behalf of its customer Cainiao, the logistics arm of Alibaba Group, as part of a previously announced long-term agreement. The aircraft will increase capacity on routes between China and the Americas. This aircraft is the first of four new 747-8 freighters that Atlas expects to receive from Boeing this year.

The first of four set to be delivered to Atlas Air

The addition of this 747-8F expands service for Cainiao between China, the United States, Brazil and Chile aboard the most capable, technologically advanced and environmentally-friendly widebody freighter, providing 20% higher payload capacity and 16% lower fuel consumption than the very capable 747-400F.

As previously announced, Atlas’s investment in these new aircraft underscores its commitment to environmental stewardship through the reduction of aircraft emissions, resource consumption and noise. The iconic Boeing 747 program has been in operation for over 50 years and will continue to play a critical role in keeping global supply chains moving for decades to come. The 747-8 is the only factory-built freighter with nose-loading capability in production, which will serve the long-term needs of the airfreight market.

“These four new 747-8s allow us to offer our customers significant growth opportunities to capitalize on strong demand and deliver value on what we consider among the best and most versatile widebody freighters in the market,” said Michael T. Steen, Executive Vice President and Chief Commercial Officer, Atlas Air Worldwide. “We are pleased that the first of our new 747s will be placed on a long-term basis with Cainiao, as they continue strengthening their presence as a global e-Commerce logistics leader, and we look forward to continue supporting their growth and expansion.”

Dandy Zhang, Commercial Director of Cainiao’s Cross-border business said: “As a global smart logistics company, Cainiao has been consistently enhancing our logistics services to satisfy the booming demand for e-Commerce in the Americas. We have been operating daily chartered flights linking China and the Americas since last year, in partnership with Atlas Air, and now we are excited to embrace the new 747-8 freighter as a token of commitment to serve our global customers with sustainable and efficient logistics.”

About Cainiao Network:

Media Contact

Jin Wu

jinwujun@cainiao.com

Founded in 2013, Cainiao Network (“Cainiao”) is a smart logistics company and the logistics arm of Alibaba Group. As part of its commitment to create customer value, it adopts a collaborative approach to logistics that aims to improve efficiency and customer experience for all players along the supply chain. It carries forward Alibaba’s mission of making it easy to do business anywhere by aiming to deliver anywhere in China within 24 hours, and across the globe within 72 hours. For more information, please visit https://www.cainiao.com/en/index.html

About Atlas Air Worldwide:

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasairworldwide.com.

Contacts:
Investors – InvestorRelations@atlasair.com
Media –  CorpCommunications@atlasair.com

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Purchase, N.Y., May 31, 2022 – Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced that Walter G. Borst, Raymond L. Conner and George A. Willis were elected to the Company’s Board of Directors at its Annual Meeting of Shareholders. Board members Timothy J. Bernlohr, Carol B. Hallett and John K. Wulff announced their retirements. These changes are effective immediately. The total number of Board members remains consistent at ten.

“We are delighted to welcome Walter, Ray and George to Atlas Air Worldwide’s Board of Directors,” said Board Chairman General Duncan McNabb. “They each bring deep experience as Atlas strengthens its position as a global aviation leader and we will benefit enormously from their expertise and insight.”

Newly-Elected Directors

Mr. Borst is an accomplished business leader and has extensive experience in finance, accounting and risk management. He has had a distinguished career serving as Executive Vice President and Chief Financial Officer of Navistar International Corp., Chairman, Chief Executive Officer and President of General Motors Asset Management, Vice President and Treasurer of General Motors Company, as well as a number of other positions of increasing responsibility within General Motors Company.

Mr. Conner brings over 40 years of global leadership experience in the airline industry. He is former Vice Chairman of The Boeing Company and retired as President and Chief Executive Officer of Boeing Commercial Airplanes. Leading up to that appointment, Mr. Conner served in roles of increasing responsibility, including Vice President and General Manager of the 777 program, Vice President of Sales for the Americas, Vice President and General Manager of Supply Chain Management and Operations, and Vice President Sales, Marketing and Commercial Aviation Services.

Mr. Willis has substantial global and logistics experience, as he joins the Atlas Board following a 36-year career with United Parcel Service (UPS) where he served in several executive leadership positions. In his most recent role as President of U.S. Operations, he was responsible for all package delivery services as well as UPS Airlines. Prior to that role, he served as UPS President, West Region, and as UPS President for the U.K., Ireland and Nordics Region, and Vice President of U.S. Operations and Senior Vice President of UPS Store Franchise.

Retiring Directors

Mr. Bernlohr is retiring from the Board of Directors after 16 years of service to Atlas. He served as President and Chief Executive Officer of RBX Industries, Inc., in several key leadership positions in the International and Industry Products divisions of Armstrong World Industries, founder and as managing member of TJB Management Consulting, LLC, as well as Chairman of the Board of Skyline Champion Corporation and Lead Director of Chemtura Corporation.

Ms. Hallett, who has served on the Atlas Board of Directors since 2006, has worked in both public and private sectors as United States Ambassador to the Commonwealth of the Bahamas and Commissioner of the United States Customs Service, President and Chief Executive Officer of the Air Transport Association of America (ATA), counsel at the U.S. Chamber of Commerce, a member of the U.S. Chamber Foundation Board of Directors, senior government relations advisor with Collier, Shannon, Rill & Scott, and chair of Homeland Security at Carmen Group, Inc.

Mr. Wulff, who joined the Atlas Board of Directors in 2016, has had a distinguished career, having served as Chief Financial Officer of Union Carbide Corporation, Chairman of the Board of Directors of Hercules Inc., and partner of KPMG LLP.

“The contributions of Tim, Carol and John have shaped Atlas into the leader in aviation outsourcing it is today,” said General McNabb. “Their passion for the Company, its mission and its people have been instrumental to Atlas Air Worldwide’s success. We thank them for their dedication.”

About Atlas Air Worldwide:

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasairworldwide.com.

Contacts:

Investors – InvestorRelations@atlasair.com
Media –  CorpCommunications@atlasair.com

DAYTONA BEACH, Florida, May 19, 2022 – Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced it has launched its Pathway to Success Program for pilots with Embry-Riddle Aeronautical University.

Embry-Riddle is the first school to participate in the program through which Atlas Air will recruit, train and hire qualified graduates of Embry-Riddle’s Daytona Beach, Florida Aeronautical Science degree program.

“We are excited to partner with Embry-Riddle Aeronautical University, a leader in aviation education, through our Pathway to Success program for pilots,” said John W. Dietrich, President and Chief Executive Officer of Atlas Air Worldwide. “Atlas Air will further enhance our stellar workforce by recruiting highly qualified pilots directly from Embry-Riddle. Those students will have first access to join our talented team at Atlas Air and fly our formidable fleet around the world on behalf of our highly diversified customers.”

Placing Graduates in Rewarding Careers

This program is designed to place highly trained aviators into professional positions.

“A key goal at Embry-Riddle is to help graduates secure meaningful, well-paying jobs,” said Dr. Alan Stolzer, dean of the College of Aviation at Embry-Riddle’s Daytona Beach, Florida campus. “We also strive to support the industry by preparing skilled aviators who are exceptional decision makers. Embry-Riddle’s agreement with Atlas Air is well aligned with both of those objectives. It is a win-win for our graduates and for the aviation industry.”

Dr. Ken Byrnes, chair of the Flight Department at Embry-Riddle’s Daytona Beach Campus said, “The new agreement with Atlas Air will provide students with an exciting opportunity to work for a literal giant in the aviation industry. Because Atlas Air operates a large Boeing fleet, including 747, 777, 767 and 737 aircraft, students who are hired by the company will have opportunities to fly cargo as well as passenger missions, both domestically and internationally.”

Captain Jeff Carlson, Senior Vice President of Flight Operations at Atlas Air and a graduate of Embry-Riddle, said First Officer trainees in Atlas Air’s Pathway to Success program enjoy benefits including a monthly stipend, medical benefits, 401k, required courses and check rides.

“Pilots who successfully complete our comprehensive training program are eligible to fly our widebody fleet throughout our global network, depending on their credentials, as they build their careers with Atlas Air,” said Captain Carlson.

 Program Criteria

Embry-Riddle graduates selected to take part in the Atlas Air Pathway to Success program will be granted preferential interviews with Atlas Air. To be considered, candidates must meet these and other criteria:

  • Bachelor’s degree in Aeronautical Science (3.0 grade point average and an exceptional flight-training record)
  • First Class medical certificate
  • Three full semesters of service as a full-time Certified Flight Instructor
  • FAA Commercial Pilots certificate with a multi-engine rating
  • FAA Flight Instructor certificate
  • Graduate with academic experience required for Restricted Airline Transport Pilot (R-ATP)
  • Reach R-ATP eligibility and required minimum flying experience within two years of graduation

A video introduction and letter of recommendation are among the program’s other requirements. For complete details, and to determine eligibility, Embry-Riddle students should contact Lauren Burmester in Career Services, lauren.burmester@erau.edu.

About Embry-Riddle Aeronautical University

 Reporters worldwide contact Embry-Riddle Aeronautical University for content experts in all aspects of aviation, aviation business, aerospace, engineering and STEM-related fields. Our faculty experts specialize in unmanned and autonomous systems, security and intelligence, air traffic and airport management, astronomy, human factors psychology, meteorology, spaceflight operations, urban air mobility and much more. Visit the Embry-Riddle Newsroom for story ideas.

Embry-Riddle educates 32,500+ students at its residential campuses in Daytona Beach, Florida and Prescott, Arizona, at approximately 110 Worldwide Campus locations and through online degree programs. U.S. News & World Report has named Embry-Riddle Worldwide the nation’s No. 1 provider of online bachelor’s degree programs.

Media Contact:

Ginger Pinholster, Vice President, Communications, Embry-Riddle, (386) 226-4811; virginia.pinholster@erau.edu

 About Atlas Air Worldwide

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasairworldwide.com.

 Media Contact:

CorpCommunications@atlasair.com