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Atlas Air Worldwide Holdings, Inc.

United States, New York, White Plains
Updated Jul 18, 2024 10:11
Description
Atlas Air Worldwide Holdings (AAWW) is a global leader in outsourced aircraft and aviation operating services. It leases cargo planes to customers, mainly airlines, under long-term ACMI (aircraft, crew, maintenance, and insurance) contracts. AAWW operates the world's largest fleet of Boeing 747 freighters and offers its customers a broad array of 747, 777, 767, and 737 aircraft for domestic, regional, and international cargo and passenger applications. It also offers dry leasing (aircraft and engines only) via its Titan division. In addition, affiliates Atlas Air and around 50% economic interest and some 75% voting interest in Polar Air Cargo. In 2022, AAWW was acquired by an investor group led by funds managed by affiliates of Apollo Global Management, Inc., together with investment affiliates of J.F. Lehman & Company and Hill City Capital, for $5.2 billion.
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