In November 2001, Polar was acquired by Atlas Air Worldwide Holdings (AAWW), whose Atlas Air subsidiary is a provider of ACMI (aircraft, crew, maintenance and insurance) freighter leasing. Polar became the scheduled service provider for AAWW, while Atlas continued to supply Boeing 747-400 freighters on a wet-lease basis to major airlines. In October 2006, it was announced that DHL Express would be acquiring a 49% stake in Polar.[4]As of March 2007[update], Polar is still majority-owned by Atlas Air Worldwide Holdings (51%) and has 736 employees.[3]
In April 2023, former Polar Air Cargo COO Lars Winkelbauer was arrested in Thailand and charged, along with 10 others, with defrauding the company of an estimated $52m.[5]
In February 2025, Atlas Air and DHL announced that Polar Air Cargo would be dissolved, with the 4 747-8s and 2 777Fs in Polar’s fleet continuing to be operated by Atlas.[6]
Polar provides scheduled freight service covering the transpacific, transatlantic, trans-Asia, and Middle East markets. Polar offers frequent flights to China, connecting Shanghai to the United States and multiple points in Asia and Europe, e.g., Leipzig/Halle Airport in Germany and East Midlands Airport in the United Kingdom.[7]
Polar Air Cargo also offers its customers charter freight services, using its fleet of Boeing 747 and 767. Polar and its sister company, Atlas Air, also do extensive work for the U.S. Air Force’s Air Mobility Command (AMC).
↑ "Contact UsArchived 2016-04-26 at the Wayback Machine ." Polar Air Cargo. Retrieved on February 13, 2011. "Atlas Air / Polar Air Cargo - Headquarters 2000 Westchester Avenue Purchase, NY 10577 USA"
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