|Parent company||Atlas Air Worldwide Holdings|
S&P 600 Component
|Headquarters||Purchase, New York, United States|
|Key people||William J. Flynn (CEO, President)|
|Revenue||US$1.822B (FY 2015)|
|Operating income||US$123.5M (FY 2015)|
|Net income||US$62.4M (FY 2015)|
|Total assets||US$4.16B (FY 2015)|
|Total equity||US$1.45B (FY 2015)|
Atlas Air, Inc. is a cargo airline, passenger charter airline, and aircraft lessor based in Purchase, New York that is owned by Atlas Air Worldwide Holdings, Inc.. The airline was named after Atlas, a Titan in Greek mythology, who carried the heavens on his shoulders. Their symbol on the plane's tail is a golden man carrying a golden world. As of December 31, 2017, Atlas Air had 2870 employees and operated to 425 destinations in 119 countries.
The airline was founded in April 1992 by the late Michael Chowdry. It started operations in 1993 with one airplane contracted by China Airlines. In 1995, Atlas began trading publicly. Also in 1997, Atlas placed an order for 10 new, more advanced Boeing 747-400 Freighters (Boeing 747-400F), increased to 12 in 1998.
In 2006, Amnesty International released a report on extraordinary rendition which found that Atlas Air was one of the airlines which was alleged to have been used by the US government for rendering detainees.
In March 2010 Atlas Air was awarded a nine-year contract for the operation of the Boeing 747 Large Cargo Freighter (LCF) 'Dreamlifter' for transporting aircraft parts to Boeing from suppliers around the world. It commenced operation in September 2010 under a CMI (Crew, Maintenance and Insurance) contact.
In 2011, Atlas Air took the first North American delivery of the Boeing 747-8 Freighter (Boeing 747-8F).
In September 2012, Atlas Air renewed a training contract with the United States Air Force to continue to provide training for the pilots of Air Force One. The contract also provides training for the Presidential Airlift Group for a five-year period.
In January 2013, Atlas Air, among eleven others, were awarded part of a $694 million contract from US TRANSCOM. It is a 5-year indefinite delivery/quantity for international commercial air cargo transporters to transport hazardous material and life and death cargo services for domestic and International ships.
In July 2012, three contracts under the 'Theater Express II program', were awarded by US TRANSCOM to provide air cargo pickup and delivery for U.S. Central Command. They will compete for individual orders over the lifetime of the contract, with one year option periods. In total they will be competing for the $2.916 billion total over the next four years.
On April 7, 2016, Atlas Air Worldwide Holdings purchased Southern Air for $110 million in an all-cash deal. The transaction included Worldwide Air Logistics Group, Inc. and its two operating subsidiaries, Southern Air, Inc. and Florida West International Airways, Inc.
On May 5, 2016, Amazon.com and Atlas Air announced a deal for Amazon.com to lease 20 Boeing 767s in order to fuel growth to their new Amazon air freight service, branded as Amazon Air. The deal also warrants Amazon the ability to buy up to 30% stake in the company over the next 7 years. The deal agrees for Atlas Air Inc. to provide aircraft, crew, maintenance, and insurance that will last for 7 years. This move comes after Amazon's similar deal with Air Transport International for 20 aircraft, also to be branded under Amazon Air.
In March 2017, Atlas Air Worldwide Holdings closed Florida West International Airways and cancelled the operating certificates.
On June 5, 2017, Atlas Air Worldwide Holdings announced the placement of a 747-400f with Yangtze River Airlines under an ACMI agreement.
Atlas Air Worldwide Holdings is made up of Atlas Air, Inc., Polar Air Cargo., Southern Air Inc., and Titan Aviation Holdings. Prior to 2017 it also operated Florida West International Airways. Atlas Air Worldwide Holdings headquarters is in Purchase, New York. Atlas operates flights on an ACMI (Aircraft, Crew, Maintenance and Insurance) and Air Charter basis for some of the world's leading airlines, express operators, freight forwarders, charter brokers, global shippers and the U.S. Military, along with a dry-leasing freighter aircraft.
Atlas Air's crew bases are located at Miami International Airport, New York's John F. Kennedy International Airport, Los Angeles International Airport, Chicago O'hare International Airport, Seattle Paine Field, Cincinnati/Northern Kentucky International Airport, Anchorage International Airport, Houston's George Bush Intercontinental Airport, and Huntsville International Airport.
Atlas Air operates globally, with destinations throughout North America, South America, Europe, Asia, Africa, and Oceania. Specific destinations vary due to changing customer's needs and seasonal trends.
|Boeing 737-300F||1||—||Leased to customer by Titan|
|Boeing 737-400SF||5||—||Operated by Southern Air.|
|Boeing 737-800||2||—||Leased to customer by Titan (One Stored)|
|Boeing 747-400||6||—||Operated for passenger charter equipped with 474 seats.|
|Boeing 747-400F||11||4||Operate Miami-South American routes or other ad hoc and military charters.|
|6||—||In hybrid Polar Air Cargo / DHL livery.|
|1||In standard Polar Air Cargo livery.|
|3||Operated for Qantas Freight.|
|Boeing 747-400BDSF||5||—||Former EVA Air Cargo fleets|
|Boeing 747-400ERF||2||—||Former Korean Air Cargo fleets|
|Boeing 747-8F||3||—||Operating for Atlas Air|
|1||Operated for Panalpina|
|6||Operated for DHL Aviation.|
|Boeing 747 Dreamlifter||4||—||Boeing owned in CMI service|
|Boeing 757-200F||1||—||Operated for DHL Express.|
Owned by Titan Aviation dry-leasing subsidiary
|Boeing 767-200||1||—||MLW Air owned in CMI service|
|Boeing 767-200ER/BDSF||9||—||Operating for DHL Aviation|
|Boeing 767-300ER||6||1||Operating ad hoc charter.|
|Boeing 767-300ER/BCF||18||4||Operating for Amazon Air.|
|Boeing 767-300ERF||2||—||Operating for DHL Aviation.|
|Boeing 777F||6||1||Operated by Southern Air.|
|6||—||Leased to customer by Titan.|
In October 2009, Atlas Air was selected to operate an outsourced premium passenger private charter service for the U.S.-Africa Energy Association (USAEA). The Agreement to operate the charter was reached with SonAir—Serviço Aéreo, S.A. (SonAir), acting as agent for the USAEA. This new service replaced World Airways in May 2010, and Atlas operates the charter service with two newly customized Boeing 747-400 aircraft provided by SonAir's parent company. The aircraft are laid out to serve 189 passengers and consists of a 3 class configuration.
The charter service, which has become known as the "Houston Express", includes three dedicated weekly non-stop flights between Houston and Luanda, Angola. It was opened to the public in May 2017, it provides USAEA members with a premium non-stop transportation link to support complex long-term projects in the West African energy sector.
The airline also charters service with a pair of 747-400s configured with 474 seats and a trio of 767-300ERs with 255 seats as of June 2012.
Atlas Air Worldwide Holdings also operates a dry leasing subsidiary called Titan Aviation Holdings, dry-leasing passenger and cargo aircraft to other airlines. Through Titan Aviation, Atlas Air currently owns 10 planes for dry-leasing to other operators - six Boeing 777 freighters, one Boeing 757 freighter (leased to parent Atlas Air), two Boeing 737-800 passenger aircraft (one stored), and one Boeing 737-300 freighter.
During early 2010, an Atlas Air aircraft was involved in a safety and maintenance incident. In February, the cover of part of the flap assembly on a Boeing 747 detached from the aircraft, which was in the process of landing in Miami, Florida. On 17 May, a similar incident occurred; in this case, part of the inboard flaps on the right wing of a Boeing 747 separated from the aircraft. Due to alleged improper maintenance practices, the US Federal Aviation Administration on 5 May proposed a roughly $500,000 fine against the airline. The airline is fighting the allegations.
In March 2016, a safety slide fell off of an Atlas Air 767 in the Mesa, Arizona area.
- "Atlas Air Worldwide Holdings (AAWW) Stock Report – NASDAQ.com".
- "Investor Information." Atlas Air. Retrieved on August 6, 2011. "AAWW Investor Relations 2000 Westchester Avenue Purchase, NY 10577-2543"
- "Archived copy" (PDF). Archived from the original (PDF) on 2016-03-09. Retrieved 2016-04-10.
- "Directory: World Airlines". Flight International. 2007-03-27. p. 80.
- "Atlas Air Worldwide Wins Air Force One Training Contract". Archived from the original on 21 December 2014. Retrieved 22 November 2014.
- "The US Military's International Airlift Contracts". Retrieved 22 November 2014.
- Jamerson, Joshua. "Amazon Partners with Atlas Air Worldwide for Cargo Services". WSJ.com. Retrieved 15 September 2016.
- "Globe News Wire" (PDF). globenewswire.com. 6 June 2017.
- "Atlas | Charter". Airline Pilot Central. 2012-05-10. Retrieved 2012-05-17.
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- "Photos: Boeing 747-46NF/SCD Aircraft Pictures". Airliners.net. 2011-12-18. Retrieved 2012-05-17.
- Business Wire, Motley Fool. "Atlas Air Worldwide Expands CMI Service". Daily Finance. Retrieved 20 December 2012.
- "Atlas Air Worldwide Holdings". Atlasair.com. Retrieved 2012-05-17.
- "Atlas Air Corporate Fact Sheet" (PDF). Atlasair.com. Archived from the original (PDF) on 2014-12-13. Retrieved 2014-11-23.
- "Miami flight signals more mechanical issues for Atlas Air". Flightglobal.com. 19 May 2010. Archived from the original on 23 May 2010. Retrieved 19 May 2010.
- "Emergency escape slide from jumbo jet falls from plane and hits Mesa home".
Media related to Atlas Air at Wikimedia Commons
- Official website
- Jon Hemmerdinger (15 Aug 2017). "Interview: Bill Flynn, chief executive, Atlas Air". Flightglobal.