June 6, 2019

Company Reiterates Commitment to New Contract that Increases Pilot Pay

PURCHASE, N.Y. – Atlas Air, Inc. today officially launched a new website – AtlasAir5YPilots.com – dedicated to sharing the latest information about negotiations to reach a Joint Collective Bargaining Agreement (JCBA) covering pilots at Atlas Air and Southern Air, Inc. 

The new site details the companies’ commitment to a JCBA that enhances overall pay and benefits package for Atlas Air and Southern Air pilots, who are represented by the Airline Professionals Association, Teamsters Local 1224.

“Atlas Air has a solid record of delivering strong, trusted service for our customers thanks to our dedicated workforce of 2,000 pilots. We value their hard work and dedication, and we want to pay them more,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide Holdings, Inc. 

“AtlasAir5YPilots.com is designed as a practical resource for pilots and their families to understand the status of the negotiations. We want our pilots to be informed with the facts so they can advocate for a swift resolution of the contract negotiations.”  

The new site is named for the call sign for Atlas Air, 5Y, which represents the pilots’ identity as a team. Follow @AtlasAir5Y on Twitter for updates.

Atlas Air and Southern Air are units of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW).

About Atlas Air Worldwide:

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., Southern Air Holdings, 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, 757 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the company’s home page, www.atlasairworldwide.com.