Polar Air Cargo Worldwide to Start Nonstop Cincinnati-Tokyo Service

  Polar Air Cargo Worldwide to Start Nonstop Cincinnati-Tokyo Service

         Also Increasing Wide-Body Freighter Connections to Australia

Business Wire

PURCHASE, N.Y. -- April 15, 2013

Polar Air Cargo Worldwide, Inc. today confirmed its plans to initiate daily
nonstop 747-400 express freighter service between Cincinnati, Ohio, and Tokyo,
Japan, by the end of April 2013.

The new service will complement a daily 747-400 flight from the Japanese
industrial city of Nagoya to Cincinnati, facilitating next-day deliveries to
the U.S. from all major cities and industrial areas in Japan.

Polar also will double the frequency of its wide-body freighter connections to
Australia from two to four days per week. The routing of this service, via
Japan, will allow Polar customers such as DHL Express to optimize their
intercontinental networks and introduce additional capacity both from the U.S.
and from key North Asian markets to Australia. The increase in Polar’s
frequencies will be supported by the introduction of two new Boeing 767-300ERF
wide-body aircraft.

“We are very pleased to provide critical uplift connecting Japan and the
Midwestern part of the United States – specifically the Ohio Valley – where
there is a concentration of Japanese manufacturers who require increased and
reliable daily service,” said Thomas Murphy, Executive Vice President and
Chief Operating Officer of Polar Air Cargo Worldwide.

“In addition to the trans-Pacific trade lanes, we look forward to the
continued growth of DHL and our other freight forwarder customers in the
intra-Asia region. Our new freighter frequencies reflect our global operating
scale and our proven ability to deliver innovative, high-quality solutions and
service to all of our customers.”

Polar Air Cargo Worldwide’s sister company, Atlas Air, Inc., will provide
operating service for the aircraft on the new routes. Atlas Air Worldwide
(Nasdaq: AAWW) is the parent company of Atlas Air and the majority shareholder
of Polar Air Cargo Worldwide.

About Atlas Air Worldwide:

Atlas Air Worldwide is the parent company of Atlas Air, Inc. (Atlas) and Titan
Aviation Leasing (Titan), and is the majority shareholder of Polar Air Cargo
Worldwide, Inc. (Polar). Atlas Air Worldwide also maintains a 49% interest in
Global Supply Systems Limited (GSS). Through Atlas and Polar, Atlas Air
Worldwide operates the world’s largest fleet of Boeing 747 freighter aircraft.

Atlas, Titan and Polar offer a range of outsourced aircraft and aviation
operating solutions that include ACMI service – in which customers receive an
aircraft, crew, maintenance and insurance on a long-term basis; CMI service,
for customers that provide their own aircraft; express network and scheduled
air cargo service; military cargo and passenger charters; commercial cargo and
passenger charters; and dry leasing of aircraft and engines.

Atlas Air Worldwide’s press releases, SEC filings and other information can be
accessed through the Company’s home page, www.atlasair.com.

Contact:

Atlas Air, Inc.
Media
Bonnie Rodney, 914-701-8580
or
Investors
Dan Loh, 914-701-8200