Atlas Air Worldwide Holdings, Inc. Atlas Air Worldwide Holdings, Inc. (AAWW) is a recognized leader in the international airfreight business, utilizing the world’s largest fleet of Boeing 747 freighter aircraft and a massive global infrastructure to provide superior cargo services to the airline industry, the freight-forwarding community and commercial and military customers. T H E C O M P A NY Atlas Air Worldwide Holdings, Inc. (AAWW) is the parent company of Atlas Air, Inc. (Atlas) and majority owner and controlling shareholder of Polar Air Cargo Worldwide, Inc. (Polar), which together have a fleet of 37 Boeing 747 freighter aircraft. Through Atlas and Polar, AAWW is engaged in providing five specific services and is: • The world’s leading provider of ACMI (Aircraft, Crew, Maintenance and Insurance) leasing to major airlines around the globe. • One of the largest providers of airport-to-airport freight carriage, operating a globally-integrated Scheduled Service network serving major world trade lanes. • A major provider of Charter Services to the U.S. Military, through the Air Mobility Command and the Civil Reserve Air Fleet Program. • A leading supplier of Charter Services to commercial clients. • A provider of Dry Leased freighter aircraft, without additional support services. AAWW delivers turnkey services that have become an integral part of today’s global freighter operations. We are proud to deliver the highest-quality, most cost-effective outsourced solutions to the global airfreight market. B ack G R O U ND • Founded by entrepreneur and pilot Michael Chowdry, AAWW began operations in 1993 with one aircraft. • In November 2001, the Company acquired scheduled all-cargo carrier Polar Air Cargo, Inc., strengthening Atlas’s service portfolio and enhancing the Company’s military and commercial capability. • AAWW reinforced its market leadership by placing an order for 12 747-8 freighters in September 2006. AAWW will begin to take delivery on the aircraft in January 2010. • In June 2007, Polar closed on a strategic transaction with DHL Express that gives them a 49% equity interest, including a 25% voting interest, in Polar. • Today, Atlas Air Worldwide Holdings, Inc. is proud to be the world’s largest operator of B747 freighter aircraft, and through strategic innovation, is shaping the future of this vital global industry. K EY C U S T OME RS Customers include some of the world’s leading airlines – Air New Zealand, British Airways, Emirates, Korean, Lufthansa and Qantas – as well as the U.S. Military and major freight forwarders – DHL Global Forwarding, Eagle, Expeditors, Kuehne+Nagel, Nippon Express, NNR, Panalpina, Schenker/BAX, TNT and UPS-SCS. FLEE T 37 Aircraft (20 747-400s and 17 B747 Classics) C O R PO RAT E H E A D QUART E RS Atlas Air Worldwide Holdings, Inc. • 2000 Westchester Avenue • Purchase, NY 10577-2543 • 914.701.8000 www.atlasair.com.