Atlas Air Worldwide Completes Strategic Investment in Air Atlanta

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Postmedia has not reviewed the content. by GlobeNewswire Atlas Air Worldwide Completes Strategic Investment in Air AtlantaAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) — Atlas Air Worldwide (“Atlas”) today announced the successful completion of its previously announced strategic investment in Air Atlanta. As part of the transaction, Atlas acquired a 49% minority equity stake in the company, and its Titan Aviation Holdings subsidiary acquired the aircraft owned by the Air Atlanta group of companies and entered into a long-term leasing agreement with Air Atlanta, which will continue to operate the aircraft.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe strategic partnership expands Atlas’ global operating platform and enhances access to widebody capacity across key international markets.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“We are pleased to complete our previously announced strategic investment in Air Atlanta and welcome the Air Atlanta team as a valued strategic partner,” said Michael Steen, Chief Executive Officer. “This milestone reflects our shared commitment to delivering exceptional service to customers and supporting the long-term success of both organizations.”“This strategic relationship marks an exciting new chapter for Air Atlanta,” said Baldvin M. Hermannsson, Chief Executive Officer of Air Atlanta. “Together with Atlas, we are well positioned to build on our complementary strengths and expand opportunities and enhance value for our customers.”Barclays and Morgan Stanley & Co. LLC served as financial advisors to Atlas Air Worldwide. Norton Rose Fulbright LLP served as legal counsel to Atlas Air Worldwide.About Atlas Air WorldwideAtlas Air Worldwide (AAWW) is the world’s leader in outsourced aviation logistics. AAWW is the parent company of our principal operating subsidiary, Atlas Air, Inc., and several affiliates related to Titan’s dry leasing services, and Polar Air Cargo Worldwide, Inc. With approximately 5,000 employees, the AAWW companies serve a diversified customer roster across the global supply chain in more than 300 destinations in 90+ countries. Together, they operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and Airbus A350F (coming in 2029) freighters. To learn more, visit www.atlasairworldwide.com. Follow Atlas Air on LinkedIn and @AtlasAirWW on X (Twitter). Established in 1986, Air Atlanta is a global ACMI and charter operator specializing in widebody aircraft operations. The Company provides airlines and cargo operators worldwide with flexible capacity solutions supported by deep operational expertise in widebody aircraft operations.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.