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Atlas Air (AA) and its pilots’ union have at last received an arbitrated labour agreement, ...
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PURCHASE, N.Y.--(BUSINESS WIRE)--January 10, 2014--
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 with our strategy of investing in new technology that creates superior value for our customers,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.
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