Atlas Air Worldwide Holdings

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Atlas Air Worldwide Holdings
Company type Private
Founded2001;23 years ago (2001) [1]
Headquarters,
United States
Key people
  • Michael Steen (CEO)
  • Richard Rolland (COO)
  • Artem Gonopolskiy (CFO)
RevenueIncrease2.svg US$4.03 billion (2021)
Increase2.svgUS$7.11 billion (2021)
Increase2.svgUS$4.93 billion (2021)
Total assets Increase2.svgUS$6.44 billion (2021)
Total equity Increase2.svgUS$2.81 billion (2021)
Number of employees
4,056 (2021)
Parent Apollo Global Management (2023–present)
Subsidiaries
Website atlasairworldwide.com

Atlas Air Worldwide Holdings 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.

Contents

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

An Atlas Air Boeing 747-8F lines up on Runway 27 at Cincinnati/Northern Kentucky International Airport as one of the airline's 747-400Fs lands on Runway 18C. Dual Atlas Air On Runway 27.jpg
An Atlas Air Boeing 747-8F lines up on Runway 27 at Cincinnati/Northern Kentucky International Airport as one of the airline's 747-400Fs lands on Runway 18C.

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

As of December 2021, Atlas Air operates the following aircraft: [4]

Atlas Air Worldwide Holdings fleet
AircraftIn ServiceOrdersPassengersNotes
FCY+YTotal
Passenger Fleet
Boeing 747-400 51014336189Used for VIP Service
125270240374Used for VIP Service
23505528
Boeing 767-300ER 530218248
Cargo Fleet
Boeing 737-300F 1CargoLeased out by Titan Aircraft Investments.
Boeing 737-800F 8CargoAircraft provided by Amazon Air, operated by Atlas.
Boeing 747-400F 30Cargo
5Aircraft owned by Nippon Cargo Airlines, operated by Atlas. [5]
Boeing 747-400LCF 4CargoAircraft owned by Boeing, operated by Atlas.
Boeing 747-8F 93CargoIncluding 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]
2Operating for Qantas Freight. [8]
Boeing 767-300ERF 3Cargo
21Aircraft owned by Titan Aircraft Investments, operated by Atlas.
2Aircraft provided by DHL, operated by Atlas.
Boeing 777-200LRF 14Cargo
7Aircraft owned by Titan Aircraft Investments, operated by Atlas.
6Aircraft provided by DHL, operated by Atlas.
Total1097

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References

  1. Kass, Rochelle (March 18, 2002). "Bumpy Ride for Atlas Air". The Journal News. pp. 1D, 2D. Retrieved October 29, 2023.
  2. "Apollo-led group to take Atlas Air private in a deal worth more than $3 billion". CNBC. August 4, 2022.
  3. "Atlas Air Worldwide acquisition completed". Aviation Business News. March 20, 2022.
  4. 1 2 3 "Atlas Air Worldwide Holdings Annual Report 2021 Form 10-k".[ permanent dead link ]
  5. "Atlas Air Worldwide Announces Expanded 747-400F Service For Nippon Cargo Airlines". Atlas Air (Press release). January 8, 2019.
  6. Flightradar24. "Live Flight Tracker - Real-Time Flight Tracker Map". Flightradar24. Retrieved February 3, 2023.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. "Boeing, Atlas Air Celebrate Delivery of Final 747, an Airplane that Transformed Aviation and Global Air Travel". MediaRoom. Retrieved February 3, 2023.
  8. "Atlas Air Worldwide Announces 747-8F ACMI Service For Qantas Freight". Atlas Air (Press release). April 4, 2019.

Official website