{"id":688851,"date":"2022-09-26T10:17:16","date_gmt":"2022-09-26T14:17:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/atlas-air-worldwide-announces-long-term-acmi-placement-with-msc-mediterranean-shipping-company\/"},"modified":"2022-09-26T10:17:16","modified_gmt":"2022-09-26T14:17:16","slug":"atlas-air-worldwide-announces-long-term-acmi-placement-with-msc-mediterranean-shipping-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/atlas-air-worldwide-announces-long-term-acmi-placement-with-msc-mediterranean-shipping-company\/","title":{"rendered":"Atlas Air Worldwide Announces Long-Term ACMI Placement with\u00a0MSC Mediterranean Shipping Company"},"content":{"rendered":"

\nNew 777-200 Freighter Agreement Enables MSC to Expand Service for its Customers
\n<\/h2>\n
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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.<\/p>\n

Under the terms of the long-term ACMI (aircraft, crew, maintenance and insurance) agreement, Atlas Air will operate all four of its new and incoming Boeing 777-200 freighters on a global basis for MSC, with the first delivery being taken in Q4 2022. Atlas\u2019 order of these four aircraft was announced in January 2022.<\/p>\n

The 777-200Fs will provide dedicated airfreight capacity to meet customer demand and will serve as a complementary service to MSC\u2019s container shipping solutions. The 777-200F supports environmental stewardship with a twin-engine design that delivers excellent fuel efficiency and noise reduction.<\/p>\n

\u201cWe are pleased to welcome MSC as a new customer, and look forward to supporting MSC as it develops its airfreight business and further enhances its position as a global leader in transportation and logistics,\u201d said John Dietrich, President and Chief Executive Officer, Atlas Air Worldwide. \u201cThis new agreement will allow MSC to capitalize on the state-of-the-art service solutions provided by our aircraft and crews, as well as the unparalleled air cargo expertise brought by our Atlas team.\u201d<\/p>\n

Soren Toft, Chief Executive Officer, MSC, said, \u201cWe are delighted to announce the development of MSC Air Cargo, an exciting new offering for MSC clients. This strategic partnership with Atlas Air is the first step into this market and we plan to continue exploring various avenues to develop air cargo in a way that complements our core business of container shipping. Atlas Air\u2019s fleet of 777 freighter aircraft is well-suited to support our entry into air cargo and this strategic initiative will ensure we meet the cargo requirements of our customers.\u201d<\/p>\n

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

Atlas Air Worldwide is\u00a0a leading global provider of outsourced aircraft and aviation operating services. It is\u00a0the 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\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\u2019s press releases, SEC filings and other information may be accessed through the company\u2019s home page,\u00a0www.atlasairworldwide.com<\/a>.<\/p>\n

\n About MSC:<\/strong>\n <\/p>\n

MSC Mediterranean Shipping Company, headquartered in Geneva, Switzerland, is a global leader in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world\u2019s leading container shipping lines, MSC has 675 offices across 155 countries worldwide with the MSC Group employing over 150,000 people. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC\u2019s shipping line sails on more than 260 trade routes, calling at over 500 ports.<\/p>\n

For more information visit\u00a0www.msc.com<\/a>.<\/p>\n\n\n
Contacts:<\/td>\nInvestors \u2013\u2002InvestorRelations@atlasair.com<\/a>
<\/a>Media \u2013 CorpCommunications@atlasair.com<\/a><\/td>\n<\/tr>\n<\/table>\n

\n


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

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

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 four of its new and incoming Boeing 777-200 freighters on a global basis for MSC, with the first delivery being taken in Q4 2022. Atlas\u2019 order of these four aircraft was announced in January 2022. The 777-200Fs will provide dedicated airfreight capacity to meet … <\/p>\n

Continue reading “Atlas Air Worldwide Announces Long-Term ACMI Placement with\u00a0MSC Mediterranean Shipping Company”<\/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-688851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAtlas Air Worldwide Announces Long-Term ACMI Placement with\u00a0MSC Mediterranean Shipping Company - 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-long-term-acmi-placement-with-msc-mediterranean-shipping-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlas Air Worldwide Announces Long-Term ACMI Placement with\u00a0MSC Mediterranean Shipping Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"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 four of its new and incoming Boeing 777-200 freighters on a global basis for MSC, with the first delivery being taken in Q4 2022. Atlas\u2019 order of these four aircraft was announced in January 2022. 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