{"id":540919,"date":"2021-09-22T08:03:26","date_gmt":"2021-09-22T12:03:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/atlas-air-worldwide-announces-new-acmi-contract-with-fedex\/"},"modified":"2021-09-22T08:03:26","modified_gmt":"2021-09-22T12:03:26","slug":"atlas-air-worldwide-announces-new-acmi-contract-with-fedex","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/atlas-air-worldwide-announces-new-acmi-contract-with-fedex\/","title":{"rendered":"Atlas Air Worldwide\u00a0Announces New ACMI Contract with FedEx"},"content":{"rendered":"
\n

PURCHASE, N.Y., Sept. 22, 2021 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced its subsidiary Atlas Air, Inc. has entered into a long-term agreement with FedEx to provide two 747-400 freighter aircraft on a full-time aircraft, crew, maintenance and insurance (ACMI) basis. This new agreement is in addition to the company\u2019s existing multi-year peak season contract that provides FedEx with a minimum of five aircraft during the fourth quarter.<\/p>\n

Both 747-400 freighters have entered service and are flying on behalf of FedEx to support their growing express and e-commerce network.<\/p>\n

\u201cWe are pleased to grow our long-term relationship with FedEx. This agreement reflects the continued strong demand for airfreight capacity, particularly in the express and e-commerce markets,\u201d said John W. Dietrich, President and Chief Executive Officer of Atlas Air Worldwide. \u201cAtlas is a leader in supporting express networks, with a focus on operating the most modern, fuel-efficient aircraft to deliver high levels of on-time performance for our customers.\u201d<\/p>\n

\n About Atlas Air Worldwide:<\/strong>\n <\/p>\n

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., Southern Air Holdings, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world\u2019s 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.<\/p>\n

Atlas Air Worldwide press releases, SEC filings and other information may be accessed through the company\u2019s home page, www.atlasairworldwide.com<\/u><\/a>.<\/p>\n

Contacts: Investors: \u00a0InvestorRelations@atlasair.com<\/a><\/u>
Media:\u00a0\u00a0CorpCommunications@atlasair.com<\/a><\/u><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PURCHASE, N.Y., Sept. 22, 2021 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced its subsidiary Atlas Air, Inc. has entered into a long-term agreement with FedEx to provide two 747-400 freighter aircraft on a full-time aircraft, crew, maintenance and insurance (ACMI) basis. This new agreement is in addition to the company\u2019s existing multi-year peak season contract that provides FedEx with a minimum of five aircraft during the fourth quarter. Both 747-400 freighters have entered service and are flying on behalf of FedEx to support their growing express and e-commerce network. \u201cWe are pleased to grow our long-term relationship with FedEx. This agreement reflects the continued strong demand for airfreight capacity, particularly in the express and e-commerce markets,\u201d … <\/p>\n

Continue reading “Atlas Air Worldwide\u00a0Announces New ACMI Contract with FedEx”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-540919","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAtlas Air Worldwide\u00a0Announces New ACMI Contract with FedEx - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/atlas-air-worldwide-announces-new-acmi-contract-with-fedex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlas Air Worldwide\u00a0Announces New ACMI Contract with FedEx - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PURCHASE, N.Y., Sept. 22, 2021 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced its subsidiary Atlas Air, Inc. has entered into a long-term agreement with FedEx to provide two 747-400 freighter aircraft on a full-time aircraft, crew, maintenance and insurance (ACMI) basis. This new agreement is in addition to the company\u2019s existing multi-year peak season contract that provides FedEx with a minimum of five aircraft during the fourth quarter. Both 747-400 freighters have entered service and are flying on behalf of FedEx to support their growing express and e-commerce network. \u201cWe are pleased to grow our long-term relationship with FedEx. 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