Atlas Air Worldwide Completes Strategic Investment in Air Atlanta

Atlas Air Worldwide has completed a strategic investment in Air Atlanta, acquiring a 49% minority equity interest to form a partnership that boosts Atlas’ widebody capacity access in key international markets. Air Atlanta will keep operating under its existing leadership and structure, with its management team retaining 51% control of the airline operating companies. Through its Titan Aviation Holdings subsidiary, Atlas also acquired aircraft owned by the Air Atlanta group and will lease them back for continued operations. Air Atlanta currently operates 14 widebody freighters, including Boeing 747 and 777 aircraft, plus four passenger 777s.