reports
Atlas Air Worldwide Releases 2022 Environmental, Social and Governance...
Atlas Air Worldwide Releases 2022 Environmental, Social and Governance Report Report Highlights Company’s Progress in Fostering Economic and Social Progress While Safeguarding Environment PURCHASE, N.Y., June 07, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc., a leading global provider of outsourced aircraft and aviation operating services, announced the release of its today. Atlas’ fourth ESG report shares the Company’s sustainability and corporate responsibility progress over the past year across four critical areas of focus: Environmental Stewardship; Career, Culture &...
Atlas Air Partners with Kuehne+Nagel and SR Technics Group to Form Sus...
Atlas Air Partners with Kuehne+Nagel and SR Technics Group to Form Sustainable Engine Alliance PURCHASE, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., today announced that it has partnered with Kuehne+Nagel and SR Technics Group to introduce the “Sustainable Engine Alliance”. Representing a wide range of the aerospace industry, the Alliance pledges to set new industry standards for low-carbon aircraft engine supply chains in line with the Science Based Targets Initiative (SBTi). The alliance members aim to reduce their colle...
Investor Group Led by Apollo, Together With J.F. Lehman & Company and ...
Investor Group Led by Apollo, Together With J.F. Lehman & Company and Hill City Capital, Completes Acquisition of Atlas Air Worldwide Atlas Air Worldwide Becomes Privately Held Company PURCHASE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide (“Atlas,” “AAWW” or the “Company”), a leading global provider of outsourced aircraft and aviation operating services, today announced that the investor group led by funds managed by affiliates of Apollo (NYSE: APO), together with investment affiliates of J.F. Lehman & Company (“J.F. Lehman”) and Hill City Capital (“Hill City”), has com...
Atlas Air Worldwide Reports Fourth-Quarter and Full-Year 2022 Results
Atlas Air Worldwide Reports Fourth-Quarter and Full-Year 2022 Results Continues to Expect Closing of Pending Sale of the Company to Investor Group in 1Q23 Full-Year 2022 Results Reported Net Income of $355.9 MillionAdjusted Net Income of $418.0 MillionAdjusted EBITDA of $899.2 Million Fourth-Quarter 2022 Results Reported Net Income of $126.0 MillionAdjusted Net Income of $153.1 MillionAdjusted EBITDA of $286.8 Million PURCHASE, N.Y., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced full-year 2022 results, including net income of $35...
Atlas Air Worldwide to Report Fourth-Quarter and Full-Year 2022 Result...
Atlas Air Worldwide to Report Fourth-Quarter and Full-Year 2022 Results On Thursday, February 23 PURCHASE, N.Y., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) will release results for the fourth quarter and full year ended December 31, 2022, prior to the opening of stock market trading on Thursday, February 23. As previously announced on August 4, 2022, Atlas Air Worldwide has entered into a definitive agreement to be acquired by an investor group led by funds managed by affiliates of Apollo Global Management, Inc., together with investment affiliat...
Atlas Air and Turkish Airlines Team Up to Provide Humanitarian Supplie...
Atlas Air and Turkish Airlines Team Up to Provide Humanitarian Supplies for Earthquake Victims PURCHASE, N.Y., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced an Atlas Air 747-8F departed from Washington Dulles International Airport carrying tons of humanitarian and relief supplies for earthquake victims in Turkey and Syria. The two companies, along with the Turkish Embassy, are working together to expedite this relief mission to support the critical needs of thousands of people impacted by this natura...
Atlas Air Takes Delivery of Boeing’s Final 747 Production Aircraft
Atlas Air Takes Delivery of Boeing’s Final 747 Production Aircraft 747-8F Aircraft Placed Under a Long-Term Agreement Operating for Apex Logistics, a Kuehne+Nagel Company Unique Livery Celebrates Queen of the Skies’ Iconic Legacy PURCHASE, N.Y., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced it has taken delivery of the final 747 ever to be produced by Boeing. The delivery of this aircraft is the last of four new Boeing 747-8 Freighters Atlas ordered in January 2021. Atlas Air will operate this aircraf...
Titan Aircraft Investments and Georgian Airlines Announce Long-Term Ag...
Titan Aircraft Investments and Georgian Airlines Announce Long-Term Agreement for a Boeing 737 Aircraft PURCHASE, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Titan Aircraft Investments today announced the placement of one Boeing 737-800SF converted freighter on long-term dry lease with Georgian Airlines to support its network. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), will manage this asset. “We are delighted to welcome Georgian Airlines and appreciate their trust in Titan as we support their growing business,” said Michael Steen, President an...
Atlas Air Worldwide Shareholders Approve Proposed Acquisition by Inves...
Atlas Air Worldwide Shareholders Approve Proposed Acquisition by Investor Group Led by Apollo, Together with J.F. Lehman & Company and Hill City Capital Transaction Expected to Close in the First Quarter of 2023 PURCHASE, N.Y., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide (Nasdaq: AAWW) (“Atlas” or the “Company”), a leading global provider of outsourced aircraft and aviation operating services, today announced that its shareholders voted to approve the Company’s pending acquisition by an investor group led by funds managed by affiliates of Apollo Global Management, Inc. (“Apoll...
Atlas Air Takes Delivery of First of Four New Boeing 777-200 Freighter...
Atlas Air Takes Delivery of First of Four New Boeing 777-200 Freighters First Aircraft for MSC’s New Air Cargo Solution PURCHASE, N.Y., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced it has taken delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, . The 777-200 Freighter will complement MSC’s world-class container shipping solutions and expand service to key trade lanes for various industries, including those which traditional...
Atlas Air Takes Delivery of New Boeing 747-8 Freighter
Atlas Air Takes Delivery of New Boeing 747-8 Freighter Aircraft is First of Two 747-8Fs Placed Under Long-Term Agreement with Kuehne+Nagel PURCHASE, N.Y., Nov. 23, 2022 (GLOBE NEWSWIRE) -- 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. This aircraft is the third of four new Boeing 747-8 Freighters Atlas Air ordered in January 2021 and is the first of two 747-8Fs Atlas Air will operate for its customer Kuehne+Nagel under a long-term agreement. “This 747-8F delivery underscores the im...
Atlas Air Awarded Extension of Air Force One Pilot Training Agreement
Atlas Air Awarded Extension of Air Force One Pilot Training Agreement PURCHASE, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced that the United States Air Force (USAF) has extended its agreement with Atlas Air to train pilots and flight engineers for Air Force One. Under the five-year extension of the agreement, which Atlas Air has held since 2007, crews for the Air Force’s VC-25, a modified version of the Boeing 747-200, will receive ground and flight-simulator training at Atlas Air’s world-class training center in Miami, Flori...
Atlas Air Worldwide Reports Third-Quarter 2022 Results
Atlas Air Worldwide Reports Third-Quarter 2022 Results Continues to Expect Closing of Pending Sale of the Company to Investor Group in 4Q22 or 1Q23 Reported Net Income of $60.1 MillionAdjusted EBITDA of $194.0 MillionAdjusted Net Income of $78.8 Million PURCHASE, N.Y., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced third-quarter 2022 net income of $60.1 million, or $1.79 per diluted share, compared with net income of $119.5 million, or $3.91 per diluted share, in the third quarter of 2021. On an adjusted basis, EBITDA to...
Atlas Air Worldwide to Report Third-Quarter 2022 Results On Thursday, ...
Atlas Air Worldwide to Report Third-Quarter 2022 Results On Thursday, November 3 PURCHASE, N.Y., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) will release results for the third quarter ended September 30, 2022, prior to the opening of stock market trading on Thursday, November 3. As previously announced on August 4, 2022, Atlas Air Worldwide has entered into a definitive agreement to be acquired by an investor group led by funds managed by affiliates of Apollo Global Management, Inc., together with investment affiliates of J.F. Lehman & Company, L...
Titan Aircraft Investments and ASL Aviation Holdings Announce Long-Ter...
Titan Aircraft Investments and ASL Aviation Holdings Announce Long-Term Dry Lease Agreement for Boeing 737-800SF Aircraft PURCHASE, N.Y., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Titan Aircraft Investments, the joint venture between Titan Aviation Holdings, Inc. and Bain Capital Credit, today announced the placement of a Boeing 737-800SF converted freighter on long-term dry lease with ASL Aviation Holdings. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW), will manage the aircraft. “We are honored that ASL has placed its trust in Titan and we look forwa...
Atlas Air Takes Delivery of New Boeing 747-8 Freighter
Atlas Air Takes Delivery of New Boeing 747-8 Freighter PURCHASE, N.Y., Oct. 04, 2022 (GLOBE NEWSWIRE) -- 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. As previously announced, this is the second of four new 747-8 Freighters ordered by Atlas Air in 2021. These are the last 747-8 Freighters ever to be produced by Boeing. The 747-8F is the most capable, technologically advanced and environmentally friendly widebody freighter, providing 20% higher payload capacity and 16% lower fuel consu...
Atlas Air Worldwide Announces Long-Term ACMI Placement with MSC Medite...
Atlas Air Worldwide Announces Long-Term ACMI Placement with MSC Mediterranean Shipping Company New 777-200 Freighter Agreement Enables MSC to Expand Service for its Customers PURCHASE, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced that its Atlas Air, Inc. subsidiary and MSC Mediterranean Shipping Company SA have entered into an agreement that enables MSC to expand its reach and capacity for its customers. Under the terms of the long-term ACMI (aircraft, crew, maintenance and insurance) agreement, Atlas Air will operate all fo...
Titan Aircraft Investments and Ethiopian Airlines Announce Long-Term D...
Titan Aircraft Investments and Ethiopian Airlines Announce Long-Term Dry Lease Agreement for Three Boeing 767 Freighter Aircraft PURCHASE, N.Y., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Titan Aircraft Investments, the joint venture between Titan Aviation Holdings, Inc. and Bain Capital Credit, today announced the placement of three 767-300ER converted freighters on long-term dry leases with Ethiopian Airlines Group. “We are delighted to welcome Ethiopian Airlines as a strategic customer and support its growing freighter fleet,” said Michael Steen, President and Chief Executive Officer of Titan...
Atlas Air Extends Partnership with Qantas Freight
Atlas Air Extends Partnership with Qantas Freight PURCHASE, N.Y., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced an agreement to extend its long-standing partnership with Qantas Freight, the leading air freight carrier in Australia. The successful partnership between Atlas Air and Qantas Freight began in 2004. Under the extended agreement with Qantas Freight, Atlas Air will provide long-haul, widebody main deck capacity with two Boeing 747-400Fs operating its existing network linking Australia, Asia an...
Atlas Air Worldwide Reports Second-Quarter 2022 Results
Atlas Air Worldwide Reports Second-Quarter 2022 Results Reported Net Income of $88.3 MillionAdjusted EBITDA of $215.6 MillionAdjusted Net Income of $97.3 Million PURCHASE, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced second-quarter 2022 net income of $88.3 million, or $2.65 per diluted share, compared with net income of $107.1 million, or $3.53 per diluted share, in the second quarter of 2021. On an adjusted basis, EBITDA totaled $215.6 million in the second quarter this year compared with $243.7 million in the second quarter ...
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