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Atlas Air acquires 49% stake in Air Atlanta

PRIVATEAug 03, 20266 days ago

Acquiring Company

Atlas Air Worldwide

Acquired Company

Air Atlanta

PurchaseTransportationTravelAir TransportationAerospaceTransportationTravelAir TransportationAerospaceLogisticsFleet Management

Description

Atlas Air Worldwide has completed its strategic investment in Air Atlanta, acquiring a 49% minority equity interest. This partnership enhances Atlas' access to widebody capacity and expands its global operating platform. Air Atlanta remains under its existing leadership with a 51% controlling interest. The investment reflects a commitment to exceptional service and long-term success for both organizations.

Company Information

Company

Atlas Air Worldwide

Location

Purchase, New York, United States

About

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

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Integration timeline
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