Atlas Air Worldwide Holdings Raises Guidance

Atlas Air Worldwide Holdings, Inc. AAWW today announced that it expects full-year 2010 adjusted earnings per diluted share to exceed $5.30, reflecting stronger airfreight demand than previously anticipated and continued tight supply. AAWW's previous guidance was for adjusted full-year earnings to exceed $4.35 per share. This guidance excludes net expense of approximately $0.33 per diluted share in 2010 related to one-time items for legal settlements and gains on disposal of aircraft assets. Including these items, full-year 2010 earnings are expected to exceed $4.97 per diluted share.