Atlas Air Worldwide Announces 747-400F Service

Tuesday, February 14, 2017 — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced that its Atlas Air, Inc. unit has entered into an agreement to operate one of its Boeing 747-400 Freighters for Asiana Cargo.

The contract is initially for one aircraft to be provided and operated by Atlas Air and to be flown on key global routes across the transpacific, connecting Korea with several destinations in the U.S. Service is scheduled to begin this month.

“We are delighted to welcome Asiana Cargo as an important addition to our customer portfolio,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “Asiana takes pride in providing reliable, high-quality service, and we are very pleased to be chosen to manage an important part of its international network. We look forward to providing Asiana and its customers with unmatched service and a platform for future expansion.”

“Asiana Cargo is pleased to announce its partnership with Atlas Air, the most reliable air cargo partner. Asiana appreciates Atlas’ outstanding cooperation and expects to serve Asiana’s clients with enhanced freighter services,” said Kwang Suk Kim, Executive Vice President, Asiana Cargo.

About Atlas Air Worldwide:

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’s largest fleet of 747 freighter aircraft and provide customers a broad array of Boeing 747, 777, 767, 757 and 737 aircraft for domestic, regional and international applications.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasair.com.