Atlas Air Worldwide Holdings to Report Second-Quarter 2010 Results on Tuesday, August 3

Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and outsourced aircraft operating solutions, will release results for the second quarter ended June 30, 2010, prior to the opening of stock market trading on Tuesday, August 3, 2010.

William J. Flynn, AAWW’s President and Chief Executive Officer, and Spencer Schwartz, Senior Vice President and Chief Financial Officer, will host a conference call to discuss AAWW’s results at 11:00 a.m. Eastern Time on August 3.

Interested parties are invited to listen to the call live over the Internet at www.atlasair.com (click on “Investor Information”, click on “Presentations” and on the link to the second-quarter call) or at the following Web address: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=67423&eventID=3252112.

For those unable to listen to the live call, a replay will be archived on the above Web sites following the call. A replay will also be available through August 10 by dialing (800) 642-1687 (U.S. Toll Free) or (706) 645-9291 (from outside the U.S.) and using Access Code 90496596#.

About Atlas Air Worldwide Holdings, Inc.:

AAWW 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). Through Atlas and Polar, AAWW operates the world’s largest fleet of Boeing 747 freighter aircraft.

Atlas, Titan and Polar offer a range of air cargo and outsourced aircraft operating solutions that include ACMI aircraft leasing – in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis; CMI service, for customers that provide their own aircraft; express network and scheduled air cargo service; military charters; commercial cargo charters; and dry leasing of aircraft and engines.

AAWW’s press releases, SEC filings and other information may be accessed through the Company’s home page, www.atlasair.com.