Atlas Air Worldwide acquires three 777 freighters for Titan dry-leasing subsidiary

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Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today confirmed completion of previously announced agreements to acquire three Boeing 777 Freighters for its dry-leasing subsidiary, Titan Aviation. The 2011-vintage aircraft were acquired from affiliates of Guggenheim Aviation Partners, LLC and are currently on long-term lease to a European express carrier.

“The purchase of these 777 freighters significantly enhances our position in an attractive aircraft type and is consistent ...