December 6, 2022

Atlas Air International Holdings

New 777-200 Freighter Settlement Allows MSC to Amplify Provider for its Consumers

PURCHASE, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) — Atlas Air International Holdings, Inc. (Nasdaq: AAWW) nowadays introduced that its Atlas Air, Inc. subsidiary and MSC Mediterranean Transport Corporate SA have entered into an settlement that allows MSC to amplify its succeed in and capability for its consumers.

Beneath the phrases of the long-term ACMI (plane, workforce, upkeep and insurance coverage) settlement, Atlas Air will function all 4 of its new and incoming Boeing 777-200 freighters on an international foundation for MSC, with the primary supply being taken in This autumn 2022. Atlas’ order of those 4 plane used to be introduced in January 2022.

The 777-200Fs will supply devoted airfreight capability to fulfill buyer call for and can function a complementary carrier to MSC’s container transport answers. The 777-200F helps environmental stewardship with a twin-engine design that delivers very good gasoline potency and noise relief.

“We’re happy to welcome MSC as a brand new buyer, and stay up for supporting MSC because it develops its airfreight industry and extra complements its place as an international chief in transportation and logistics,” stated John Dietrich, President and Leader Govt Officer, Atlas Air International. “This new settlement will permit MSC to capitalize at the state of the art carrier answers supplied by means of our plane and crews, in addition to the unprecedented air shipment experience introduced by means of our Atlas staff.”

Soren Toft, Leader Govt Officer, MSC, stated, “We’re overjoyed to announce the improvement of MSC Air Shipment, an exhilarating new providing for MSC purchasers. This strategic partnership with Atlas Air is step one into this marketplace and we plan to proceed exploring quite a lot of avenues to increase air shipment in some way that enhances our core industry of container transport. Atlas Air’s fleet of 777 freighter plane is well-suited to fortify our access into air shipment and this strategic initiative will make certain we meet the shipment necessities of our consumers.”

About Atlas Air International:

Atlas Air International is a number one international supplier of outsourced plane and aviation working services and products. It’s the guardian corporate of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is almost all shareholder of Polar Air Shipment International, Inc. Our corporations function the sector’s biggest fleet of 747 freighter plane and supply consumers the broadest array of Boeing 747, 777, 767 and 737 plane for home, regional and world shipment and passenger operations.

Atlas Air International’s press releases, SEC filings and different knowledge is also accessed during the corporate’s house web page, www.atlasairworldwide.com.

About MSC:

MSC Mediterranean Transport Corporate, headquartered in Geneva, Switzerland, is an international chief in transportation and logistics, privately owned and based in 1970 by means of Gianluigi Aponte. As some of the international’s main container transport strains, MSC has 675 workplaces throughout 155 international locations international with the MSC Staff using over 150,000 other people. With get right of entry to to an built-in community of highway, rail and sea delivery sources which stretches around the globe, the corporate prides itself on handing over international carrier with native wisdom. MSC’s transport line sails on greater than 260 business routes, calling at over 500 ports.

For more info consult with www.msc.com.

https://finance.yahoo.com/information/atlas-air-worldwide-announces-long-140800870.html