ATLAS AIR WORLDWIDE HONORED FOR AIR CARGO LEADERSHIP AT 2023 AIRLINE STRATEGY AWARDS

PURCHASE, N.Y., July 19, 2023

(GLOBE NEWSWIRE) -- Atlas

Air Worldwide was honored in the Air Cargo Leadership category of the 2023 Airline Strategy Awards in London on July 16 by an independent judging panel for its market performance and leadership in serving the growing needs of the global supply chain.

“The completion of the transaction to bring Atlas into private ownership was an important milestone for the company. The transaction delivered immediate value to Atlas Air Worldwide shareholders and further positions the business to serve the growing needs of the global supply chain,” said Lewis Harper, Editor of Airline Business.

Earlier this year, an investor group led by Apollo funds together with investment affiliates of J.F. Lehman & Company and Hill City Capital completed its previously announced acquisition of Atlas.

“In recent years, the Atlas leadership team has continued its diversification into areas such as express, e-commerce and passenger services, and the aircraft leasing business, alongside excelling in traditional air to deliver safe and efficient service to our valued customers. I’d like to thank our nearly 5,000 employees who are the strength of Atlas and have helped build our reputation as a world leader in global airfreight.”

About Airline Business

As the premier title for airline boardrooms worldwide, Airline Business covers the key strategic and business issues in the air transport industry. It was established in 1985 and has editorial offices in London, Washington DC and Singapore. Aside from four print and digital publications per year, Airline Business also produces a weekly newsletter, a regular podcast and data snapshots for FlightGlobal Premium.

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