Atlas Air Worldwide Announces Placement of Two Additional Boeing 747 Freighters in ACMI Service for DHL Express

PURCHASE, N.Y., October 23, 2014 – Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the placement of two incremental Boeing 747 freighters into ACMI service.

The two aircraft, a 747-8F and a 747-400F, will be operated in Polar Air Cargo Worldwide’s express network under an ACMI arrangement for the benefit of DHL Express, the world’s leading international express shipping company, and Polar’s other customers. Operations are scheduled to begin on October 26, 2014.

“We are pleased to expand our long-standing relationship with DHL and to support the advancement of its global network operations,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.

When the new ACMI service begins, Polar’s express network will total twelve 747 freighters, consisting of five 747-8Fs and seven 747-400Fs, in ACMI on behalf of DHL and Polar’s other customers. Atlas also will continue to operate a fleet of Boeing 767 Freighters in CMI service for DHL, with 11 aircraft in operation by the end of January 2015.