03 May 2012
Etihad Airways has signed a contract with Atlas Air, Inc. to provide the UAE flag carrier with its first Boeing 747-400 Freighter.

The aircraft, with a payload capacity of 124 tons, will be used by Etihad Cargo to transport fresh produce, machinery and garments on routes to and from Africa, Europe, India and China over the Abu Dhabi hub.  Delivery and commencement of operations are scheduled for June 2012.

Atlas is a leading global provider of outsourced aircraft and aviation operating services and the contract with Etihad Airways is for one aircraft under a multi-year Aircraft, Crew, Maintenance and Insurance (ACMI) agreement.

The delivery will take Etihad Cargo's fleet to six aircraft.  The airline already operates a Boeing B777F, two Airbus A330-200F, one Airbus A300-600F, and one McDonnell Douglas MD-11F. 

Etihad Airways has an additional four freighters scheduled for delivery in 2013 and 2014, two Boeing B777F and two Airbus A330-200F.

James Hogan, Etihad Airways President and Chief Executive Officer, said:  "In Atlas Air, we have found a first-rate partner focused on operational excellence, security and outstanding customer service. We look forward to a rewarding relationship that leverages each of our expertise to grow global trade."

David Kerr, Etihad Airways Vice President Cargo, added:  "We are strongly committed to building our presence in the cargo sector and to serving the growing demand from our customers around the world.  We have the fortune of geography and being able to bridge many of the trade flows from producer to consumer markets."

"We are delighted to add Etihad Airways to our portfolio of ACMI customers," said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. "Atlas Air has the largest and most modern fleet in our industry, with a mix of cargo and passenger aircraft, serving customers who are leaders in their markets.

"Etihad Airways takes pride in providing reliable, high-quality service across its expanding international route network. We look forward to welcoming not only a new customer for Atlas Air, but also future opportunities for strategic expansion for both companies."

About Etihad Airways
Etihad Airways, the national airline of the United Arab Emirates, began operations in 2003, and in 2011 carried 8.3 million passengers. From its hub at Abu Dhabi International Airport, Etihad Airways serves 84 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and North America, with a fleet of 66 Airbus and Boeing aircraft, and 100 aircraft on order, including 10 Airbus A380s, the world's largest passenger aircraft. Etihad Airways also owns nearly 30 per cent of airberlin, Europe's sixth largest airline, and 40 per cent of Air Seychelles. For more information, please visit: www.etihad.com

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 services 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

Press enquiries
Niall Doheny
Corporate Communications Manager
Etihad Airways
Mob: +971 50 642 59 13
Email: ndoheny@etihad.ae

© Press Release 2012