Atlas Air Worldwide Holdings

through its wholly-owned subsidiaries, provides air cargo and related services worldwide. The company provides airport-to-airport scheduled air cargo services; aircraft, crew, maintenance, and insurance services; and seasonal, commercial, military, and ad-hoc charter services. It operates in four segments: Scheduled Service; Aircraft, Crew, Maintenance, and Insurance (ACMI); Air Mobility Command (AMC) Charter for the U.S. military; and Commercial Charter. The Scheduled Service segment provides scheduled air cargo services to freight forwarders and agents in North America, South America, Asia, and Europe. It operates airport-to-airport routes on a specific schedule. The ACMI segment offers aircrafts for lease to customers on a fixed hourly rate. The AMC Charter segment provides full planeload charter flights to the U.S. military. The Commercial Charter segment provides charter services to charter brokers, freight forwarders, direct shippers, and airlines. As of December 31, 2005, the company operated a fleet of 41 Boeing 747 freighter aircraft. It has operations in Asia, Australia, the Middle East, Africa, Europe, South America, and the United States. Atlas Air Worldwide Holdings was founded in 1993 and is based in Purchase, New York.