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AAWW - Atlas Air Worldwide Holdings Inc.
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Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, is a cargo airline, passenger charter airline, and aircraft lessor based in Purchase in Harrison, New York. The airline was named after Atlas, a Titan in Greek mythology. The symbol on the tail of their aircraft is a golden man carrying a golden world. With a total combined fleet of 55 Boeing 747 aircraft, Atlas is the world's largest operator of this fleet type. In 2019, the airline had 3,587 employees and operates across 425 destinations in 119 countries. Atlas Air began operations in 1992. The airline's founder, Michael Chowdry, started by leasing aircraft to other airlines on an Aircraft, Crew, Maintenance, and Insurance contract basis. The first customer, China Airlines, contracted one airplane to start ACMI service in 1993. By 1995, Atlas Air began trading publicly and in 1997, Atlas placed an order for ten new Boeing 747-400F aircraft. Orders for another two 747-400Fs were placed in 1998.[citation needed]
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue1.2B+7%
Operating Income177.1MM+93%
Operating Expenses1B-
Net Income126MM-
Compensation286.5MM+8%
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Stock news

    Atlas Air Worldwide ("Atlas," "AAWW" or the "Company"), a leading global provider of outsourced aircraft and aviation operating services, today announced that the investor group led by funds managed by affiliates of Apollo (NYSE: APO), together with investment affiliates of J.F. Lehman & Company ("J.F. Lehman") and Hill City Capital ("Hill City"), has completed its previously announced acquisition of the Company.

    Atlas Air Worldwide Becomes Privately Held CompanyPURCHASE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide (“Atlas,” “AAWW” or the “Company”), a leading global provider of outsourced aircraft and aviation operating services, today announced that the investor group led by funds managed by affiliates of Apollo (NYSE: APO), together with investment affiliates of J.F. Lehman & Company (“J.F. Lehman”) and Hill City Capital (“Hill City”), has completed its previously announced acquisitio

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    Continues to Expect Closing of Pending Sale of the Company to Investor Group in 1Q23Full-Year 2022 Results Reported Net Income of $355.9 MillionAdjusted Net Income of $418.0 MillionAdjusted EBITDA of $899.2 Million Fourth-Quarter 2022 Results Reported Net Income of $126.0 MillionAdjusted Net Income of $153.1 MillionAdjusted EBITDA of $286.8 Million PURCHASE, N.Y., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced full-year 2022 results, including

    PURCHASE, N.Y., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) will release results for the fourth quarter and full year ended December 31, 2022, prior to the opening of stock market trading on Thursday, February 23. As previously announced on August 4, 2022, Atlas Air Worldwide has entered into a definitive agreement to be acquired by an investor group led by funds managed by affiliates of Apollo Global Management, Inc., together with investment affiliates o

    Atlas Air and Turkish Airlines Team Up to Provide Humanitarian Supplies for Earthquake Victims Atlas Air and Turkish Airlines, along with the Turkish Embassy, partner to carry tons of relief supplies to earthquake victims in Turkey and Syria on an Atlas Air 747-8F that departed Washington Dulles International Airport. PURCHASE, N.Y., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced an Atlas Air 747-8F departed f

    There are no more new 747 jets left for Boeing to deliver. The last 747 jet was delivered to aircraft and aircraft services provider Atlas Air Worldwide (AAWW) on Jan. 31. The “monumental day is a testament to the generations of Boeing employees who brought to life the airplane that ‘shrank the world,’ and revolutionized travel and air cargo as the first widebody,” said Stan Deal, CEO of Boeing Commercial Airplanes.

    Atlas Air President and Chief Executive Officer John Dietrich with final Boeing 747 John Dietrich, President and Chief Executive Officer, Atlas Air Worldwide, represents Atlas Air’s 5,000 employees at the ceremony Boeing hosted to celebrate production of the final Boeing 747. To honor the legacy of the “Queen of the Skies,” a special decal is included to the right of the nose featuring Joe Sutter, considered by Boeing to be the “Father of the 747.” Atlas Air Takes Delivery of Boeing’s Final 747

    Boeing [NYSE: BA] and Atlas Air Worldwide [Nasdaq: AAWW] joined thousands of people – including current and former employees as well as customers and suppliers – to celebrate the delivery of the final 747 to Atlas, bringing to a close more than a half century of production.