Atlas Air Worldwide Holdings Inc is a Delaware corporation was incorporated in 2000. The Company provides outsourced aircraft and aviation operating services. It manage and operate the fleet of 747 freighters. Its customers include airlines, express delivery providers, freight forwarders, the U.S. military and charter brokers. It has operations in Africa, Asia, Australia, Europe, the Middle East, North America and South America. The Company's services include ACMI, it provide outsourced cargo and passenger aircraft operating solutions, including the provision of an aircraft, crew, maintenance and insurance, while customers assume fuel, demand and Yield risk; CMI, which is part of the company's ACMI business segment, whereby it provide outsourced cargo and passenger aircraft operating solutions including the provision of crew, maintenance and insurance, while customers provide the aircraft and assume fuel. The customer pays a fixed charter fee that includes fuel, insurance, landing fees, overfly and all other operational fees and costs; and Dry Leasing, whereby it provide aircraft and engine leasing solutions. The Company also market there cargo and passenger Commercial Charter services to charter brokers, cruise-ship operators, freight forwarders, direct shippers and airlines. The Company is subject to regulation by the U.S. Department of Transportation ("DOT") and the FAA, among other U.S. and foreign government agencies.
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