PURCHASE, N.Y.—(BUSINESS WIRE)—Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW), a leading global provider of outsourced aircraft and aviation operating services, today said that its Atlas Air, Inc. unit and Qantas Airways Ltd. have extended their long-standing ACMI (aircraft, crew, maintenance and insurance) relationship.

Under the terms of the agreement, Atlas Air will continue to operate two Boeing 747-400 freighters in ACMI service for Qantas on trans-Pacific routes linking Australia and Asia with the United States.

“Our renewed agreement builds upon a strong and successful 10-year partnership between Atlas Air and Qantas and will capitalize on the state-of-the-art service solutions provided by our aircraft and crews,” said William J. Flynn, President and Chief Executive Officer of Atlas Air Worldwide. “We look forward to supporting Qantas as it continues to capture market opportunities and enhance its position as a premier international airline.”

“We are delighted to extend our association with Atlas Air and continue the partnerships we have forged with valued customers in China, the USA, Thailand, New Zealand and Australia. Atlas gives us the ability to integrate long-haul freighter aircraft into our fleet and strengthen the reach of our cargo network,” said Alison Webster, Executive Manager, Qantas Freight.

Mr. Flynn added, “We are an innovative provider of outsourced aircraft and aviation operating services to the global aviation industry. Our freighters, with their superior fuel efficiency, range, capacity and loading capabilities are deployed with respected customers around the world. We are pleased to maintain our established relationship with Qantas.”