About Atlas Air, Inc

Atlas carried the weight of the world; Atlas Air Worldwide Holdings (AAWW) carries the freight of the world. The company leases cargo planes to customers, mainly airlines, under long-term ACMI (aircraft, crew, maintenance, and insurance) contracts. The segment accounts for about 45% of AAWW's revenue. All told, the company maintains a fleet of more than 35 Boeing 747 freighters. AAWW also offers dry leasing (aircraft and engines only) via its Titan division. Affiliates Atlas Air and 51% owned Polar Air Cargo provide charter services to charter brokers, freight forwarders, airlines, and the US military (referred to as AMC) which accounts for 22% of sales.

Geographic Reach

AAWW provides global services with operations in Africa, Asia, Australia, Europe, the Middle East, North America, and South America operating more than 28,200 flights, serving 432 destinations in 123 countries.


During 2014, AAWW operated 31 Boeing 747 freighters, four Boeing Large Cargo Freighters, four Boeing 747 passenger aircraft, almost 15 Boeing 767 freighters, six Boeing 777 freighters, one Boeing 737 freighter, and one Boeing 737 passenger aircraft, and one Boeing 757 freighter.

Sales and Marketing

The company markets directly to other airlines and logistics companies, through regional sales offices in various locations, including Hong Kong, Singapore, Europe, Africa, the Middle East, the UK, the US, and the Asia Pacific regions. It also markets cargo and passenger charter services to charter brokers, the US military, freight forwarders, direct shippers, and airlines.

Major customers have included such notable names as AeroLogic, Astral Aviation, Boeing, Emirates, Etihad Airways, Qantas, DHL Express, TNT, BST Logistics, DHL Global Forwarding, Agility, CEVA, Expeditors, Hellmann, Kuehne+Nagel, Nippon Express, Panalpina, DB Schenker, UPS SCS, and UTi Worldwide.

Financial Performance

AAWW has enjoyed unprecedented revenue growth over the last few years, with revenues peaking at a record-setting $1.8 billion in 2014. Profits, however, have fluctuated, decreasing sharply in 2013 but increasing by 14% to $107 million in 2014. (The rise in profits for 2014 was attributed to the higher revenue coupled with a decrease in aircraft fuel costs.)

The company's historic growth for 2014 was driven by an impressive 185% surge in Dry Leasing revenue due to the acquisition of three 777-200LRF aircraft in 2014 that were leased to customers on a long-term basis. The company was also helped by a 3% increase in ACMI revenue and a 6% rise within its Charter segment.

AAWW's cash flow from operating activities has also fluctuated the last few years. After rising for two straight years, cash flow dipped 10% to $273 million in 2014, due to lower cash inflows from accounts payable in addition to accrued liabilities.


Each year AAWW maintains a proper balance sheet by adjusting its cost structure and by extending its flight network reach. In 2013 it launched a daily nonstop 747-400 express freighter service between Cincinnati and Tokyo.

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Atlas Air, Inc

2000 Westchester Ave
Purchase, NY 10577-2543
Phone: 1 (914) 701-8000


  • Employer Type: Public
  • Coo: Scott Dolan
  • Pres: Jeff Erickson
  • Vice President: Edward J McGarvey

Major Office Locations

  • Purchase, NY

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