Atlas Air, Inc. Enters into New ACMI Contract with TNT Airways (AAWW)

Atlas Air Worldwide Holdings, Inc. AAWW today confirmed that its subsidiary, Atlas Air, Inc. , has entered into a contract with TNT Airways. Under the agreement, Atlas Air will provide Boeing 747-400 Freighter service for TNT's international express air network under an Aircraft, Crew, Maintenance and Insurance (ACMI) agreement. The 747-400F aircraft, which began operations for TNT Airways' long-haul network on September 15, will be based at TNT's European base of Liege, Belgium. Atlas Air's fleet of modern and reliable 747-400 aircraft represents one of the most efficient freighter fleets in the market. The 747-400 is the industry benchmark for operating performance in the long-haul, intercontinental air freighter market due to its cost and capacity advantage over other freighters.