Atlas Air Inks Long-Term Extension Of Agreement With DB Schenker

November 30, 2021 2:43 PM | 1 min read | Make a Comment

Atlas Air Worldwide Holdings, Inc. AAWW, through its subsidiary Atlas Air, Inc., extended its partnership with Schenker Flight Services GmbH (DB Schenker) to provide transpacific service. Financial terms were not disclosed.
Atlas Air's relationship with DB Schenker includes supporting its global network by providing charter capacity service.
The new arrangement builds on the 2020 agreement, extending the dedicated capacity, which Atlas Air provides on multiple flights every week.
Price Action: AAWW shares are trading lower by 3.79% at $87.22 on the last check Tuesday.

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