Atlas Air Worldwide Holdings
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (June 2022) |
 | |
| Company type | Private |
|---|---|
| Nasdaq: AAWW | |
| Founded | 2001[1] |
| Headquarters | , United States |
Key people | |
| Revenue |  US$4.03 billion (2021) |
| US$7.11 billion (2021) | |
| US$4.93 billion (2021) | |
| Total assets | US$6.44 billion (2021) |
| Total equity | US$2.81 billion (2021) |
| Owner | Apollo Global Management |
Number of employees | 4,056 (2021) |
| Subsidiaries |
|
| Website | atlasairworldwide.com |
Atlas Air Worldwide Holdings, Inc. is an airline holding company based in Purchase, New York. The group owns Atlas Air, Polar Air Cargo, and has a freighter aircraft leasing joint venture with Bain Capital: Titan Aircraft Investments. The company was named after Atlas, a figure in Greek mythology, who carries the sky on his shoulders.
The company was listed on Nasdaq until 2023 when it was taken private by a group of investors led by Apollo Global Management.[2] [3]
Operations
[edit]
Atlas Air Worldwide Holdings owns Atlas Air, Polar Air Cargo, and Titan Aircraft Investments. The company headquarters are in Purchase, New York.
Atlas Air operates flights on an ACMI (Aircraft, Crew, Maintenance and Insurance), CMI and air charter basis for airlines, express operators, freight forwarders, charter brokers, global shippers and the U.S. Military, along with dry-leasing freighter aircraft. Atlas Air has global operations established in Africa, Asia, the Pacific, Europe, the Middle East, North America, and South America.[4]
Titan Aircraft Investments is an aircraft dry-leasing company. Titan owns 29 aircraft in its dry-leasing fleet. The dry-leasing fleet consists of seven Boeing 777 freighters, twenty-one Boeing 767 freighters (leased to parent Atlas Air), and one Boeing 737-300 freighter.[4]
Fleet
[edit]As of December 2021[update], Atlas Air operates the following aircraft:[4]
| Aircraft | In Service | Orders | Passengers | Notes | ||||
|---|---|---|---|---|---|---|---|---|
| F | C | Y+ | Y | Total | ||||
| Passenger Fleet | ||||||||
| Boeing 747-400 | 5 | — | 10 | 143 | — | 36 | 189 | Used for VIP Service |
| 12 | 52 | 70 | 240 | 374 | Used for VIP Service | |||
| — | 23 | — | 505 | 528 | ||||
| Boeing 767-300ER | 5 | — | — | 30 | — | 218 | 248 | |
| Cargo Fleet | ||||||||
| Boeing 737-300F | 1 | — | Cargo | Leased out by Titan Aircraft Investments. | ||||
| Boeing 737-800F | 8 | — | Cargo | Aircraft provided by Amazon Air, operated by Atlas. | ||||
| Boeing 747-400F | 30 | — | Cargo | |||||
| 5 | — | Aircraft owned by Nippon Cargo Airlines, operated by Atlas.[5] | ||||||
| Boeing 747-400LCF | 4 | — | Cargo | Aircraft owned by Boeing, operated by Atlas. | ||||
| Boeing 747-8F | 9 | 3 | Cargo | Including the last production Boeing 747-8, under registration N863GT, delivered on Feb. 1, 2023 under flight Atlas Air flight Giant 747 (5Y747/GTI747)[6][7] | ||||
| 2 | — | Operating for Qantas Freight.[8] | ||||||
| Boeing 767-300ERF | 3 | — | Cargo | |||||
| 21 | — | Aircraft owned by Titan Aircraft Investments, operated by Atlas. | ||||||
| 2 | — | Aircraft provided by DHL, operated by Atlas. | ||||||
| Boeing 777-200LRF | 1 | 4 | Cargo | |||||
| 7 | — | Aircraft owned by Titan Aircraft Investments, operated by Atlas. | ||||||
| 6 | — | Aircraft provided by DHL, operated by Atlas. | ||||||
| Total | 109 | 7 | ||||||
References
[edit]- ^ Kass, Rochelle (March 18, 2002). "Bumpy Ride for Atlas Air". The Journal News. pp. 1D, 2D. Retrieved October 29, 2023.
- ^ "Apollo-led group to take Atlas Air private in a deal worth more than $3 billion". CNBC. August 4, 2022.
- ^ "Atlas Air Worldwide acquisition completed". Aviation Business News. March 20, 2022.
- ^ a b c "Atlas Air Worldwide Holdings Annual Report 2021 Form 10-k".[permanent dead link]
- ^ "Atlas Air Worldwide Announces Expanded 747-400F Service For Nippon Cargo Airlines". Atlas Air (Press release). January 8, 2019.
- ^ Flightradar24. "Live Flight Tracker - Real-Time Flight Tracker Map". Flightradar24. Retrieved February 3, 2023.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "Boeing, Atlas Air Celebrate Delivery of Final 747, an Airplane that Transformed Aviation and Global Air Travel". MediaRoom. Retrieved February 3, 2023.
- ^ "Atlas Air Worldwide Announces 747-8F ACMI Service For Qantas Freight". Atlas Air (Press release). April 4, 2019.
External links
[edit]
- American companies established in 1992
- Charter airlines of the United States
- Airlines established in 1992
- Airlines for America members
- Apollo Global Management companies
- Cargo airlines of the United States
- Companies based in Purchase, New York
- Companies formerly listed on the Nasdaq
- 1992 establishments in New York (state)
- Airlines based in New York (state)
- 1995 initial public offerings
- Companies that filed for Chapter 11 bankruptcy in 2004
- 2023 mergers and acquisitions