Business Summary
Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides aircraft and outsourced aircraft operating solutions to the air freight industry. It operates in four segments: Aircraft, Crew, Maintenance, and Insurance (ACMI); Scheduled Service; Air Mobility Command (AMC) Charter; and Commercial Charter. The ACMI segment offers aircraft that is crewed, maintained, and insured by the company for lease. The Scheduled Service segment provides scheduled air cargo services to international freight forwarders and agents. This segment also operates airport-to-airport routes on a specific schedule. The AMC Charter segment provides full planeload charter flights to the U.S. military. The Commercial Charter segment provides planeload of capacity charter services to charter brokers, freight forwarders, direct shippers, and airlines. The companys customers include airlines, freight forwarders, the U.S. military, and charter brokers. It operates in Asia, the Middle-East, Australia, Europe, South America, Africa, and North America. As of December 31, 2007, the company operated a fleet of 37 Boeing 747-400 freighter aircraft. Atlas Air Worldwide Holdings was founded in 1992 and is based in Purchase, New York.