|Parent company||Atlas Air Worldwide Holdings|
|Traded as||NASDAQ: AAWW|
S&P 600 Component
|Headquarters||2000 Westchester Avenue, Purchase, New York 10577 United States|
|Key people||William J. Flynn (CEO, President)|
|Revenue||US$2.156B (FY 2017)|
|Operating income||US$241.9M (FY 2017)|
|Net income||US$223.4M (FY 2017)|
|Total assets||US$4.95B (FY 2017)|
|Total equity||US$1.79B (FY 2017)|
Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, is a cargo airline, passenger charter airline, and aircraft lessor based in Purchase in Harrison, New York. The airline was named after Atlas, a Titan in Greek mythology. Their symbol on the plane's tail is a golden man carrying a golden world. With a total combined fleet of 54 Boeing 747 aircraft, Atlas is the world's largest operator of this fleet type. The airline has 3259 employees and operates to 425 destinations in 119 countries.
Atlas Air began operations in 1992. The airline's founder, Michael Chowdry, started by leasing aircraft to other airlines on an Aircraft, Crew, Maintenance, and Insurance (ACMI) contract basis. The first customer, China Airlines, contracted one airplane to start ACMI service in 1993. By 1995, Atlas Air began trading publicly and in 1997, Atlas placed an order for ten new Boeing 747-400F aircraft. Orders for another two 747-400Fs were placed in 1998.
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 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.
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 of its new Amazon air freight service, branded as Amazon Air. The deal also warranted Amazon the ability to buy up to 30% stake in the company over the next seven years. Under the agreement, Atlas Air Inc. would provide aircraft, crew, maintenance, and insurance for a period of seven years. This move came after Amazon's similar deal with Air Transport International for 20 aircraft, also to be branded under Amazon Air.
Atlas Air Worldwide Holdings is made up of Atlas Air, Inc., Polar Air Cargo., Southern Air Inc., and Titan Aviation Leasing. The airline headquarters is in Purchase, New York and it 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 has global operations established in Africa, Asia, the Pacific, Europe, the Middle East, North America and South America.
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, 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.
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|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|
|Boeing 737-800BCF||3||2||Operated for Amazon Air|
|Boeing 747-400||6||—||Operated for passenger charter equipped with 474 seats|
|2||Operated for Qantas Freight until in mid 2019|
|Boeing 747-8F||6||—||Operated for DHL Aviation|
|3||Operating for Atlas Air|
|2||Operating for Qantas Freight|
|1||Operated for Panalpina|
|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|
|18||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 May 2010, Atlas Air began operating a premium passenger private charter service for the U.S.-Africa Energy Association (USAEA) in conjunction with Sonair. The charter service consisted of two customized Boeing 747-400 aircraft provided by SonAir. The aircraft were laid out to serve 189 passengers and consisted of a three class configuration. The charter service, which became known as the "Houston Express", included three dedicated weekly non-stop flights between Houston and Luanda, Angola. Due to low global oil prices, demand diminished and the Houston Express ceased operations.
Atlas Air Worldwide Holdings owns and operates Titan Aviation Holdings, an aircraft dry-leasing company. Through Titan Aviation, Atlas Air currently owns 17 aircraft for dry-leasing - six Boeing 777 freighters, one Boeing 757 freighter, eight Boeing 767 freighters (leased to parent Atlas Air), one Boeing 737-800 passenger aircraft, and one Boeing 737-300 freighter.
Incidents and accidents
On January 24, 2005, a Boeing 747-200 freighter operating as Atlas Air Flight 8995 overran the runway while landing at Düsseldorf Airport. The aircraft was written off due to hull loss and the upcoming retirement of the Boeing 747-200s from the Atlas Air fleet.
In 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.
In March 2016, a safety slide fell off of an Atlas Air 767 in the Mesa, Arizona area.
On February 23, 2019 at 12:45 CST, Atlas Air Flight 3591 crashed on approach to Houston's George Bush Intercontinental Airport killing all three people on board: two crew members and one “Jumpseat” rider. The Boeing 767 cargo aircraft, en route from Miami, went down in Trinity Bay, near Anahuac, Chambers County, Texas, about 30 miles southeast of George Bush Intercontinental Airport. The aircraft was branded as Prime Air, operating for Amazon Air.
- "Federal Aviation Administration - Airline Certificate Information - Detail View". av-info.faa.gov. Retrieved 2019-05-14.
- "Atlas Air Worldwide Holdings (AAWW) Stock Report – NASDAQ.com".
- "Investor Information Archived 2011-08-07 at the Wayback Machine." 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.CS1 maint: Archived copy as title (link)
- Armbruster, William (January 24, 2001). "Atlas Air Founder Chowdry Killed in Plane Crash". The Journal of Commerce. Retrieved May 25, 2019.
- "Directory: World Airlines". Flight International. 2007-03-27. p. 80.
- "Atlas Air Worldwide Wins Air Force One Training Contract" (Press release). Archived from the original on 21 December 2014. Retrieved 22 November 2014.
- Jamerson, Joshua. "Amazon Partners with Atlas Air Worldwide for Cargo Services". WSJ.com. Retrieved 15 September 2016.
- "Atlas | Charter". Airline Pilot Central. 2012-05-10. Retrieved 2012-05-17.
- "Amazon confirms move into B737-800 freighters with Southern Air CMI deal". Retrieved 30 March 2019.
- Taylor, Ellis (2019-04-04). "Qantas Freight to upsize to 747-8Fs". Flightglobal.com. Retrieved 2019-06-29.
- Business Wire, Motley Fool. "Atlas Air Worldwide Expands CMI Service". Daily Finance. Retrieved 20 December 2012.
- "Titan Aviation Holdings - Home". www.titanaviationltd.com.
- "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".
- "Atlas Air Confirms Family Assistance Established in Flight 3591 Accident". Atlas Air Worldwide. 2019-02-24. Retrieved 2019-03-05.
- ReporterTrevor. "Three confirmed dead after Amazon Prime Air cargo plane crash in Texas". USA TODAY. Retrieved 2019-03-05.
Media related to Atlas Air at Wikimedia Commons
- Official website
- Jon Hemmerdinger (15 Aug 2017). "Interview: Bill Flynn, chief executive, Atlas Air". Flightglobal.