Polar Air Cargo Worldwide, Inc. today confirmed its plans to initiate daily nonstop 747-400 express freighter service between Cincinnati, Ohio, and Tokyo, Japan, by the end of April 2013.
The new service will complement a daily 747-400 flight from the Japanese industrial city of Nagoya to Cincinnati, facilitating next-day deliveries to the U.S. from all major cities and industrial areas in Japan.
Polar also will double the frequency of its wide-body freighter connections to Australia from two to four days per week. The routing of this service, via Japan, will allow Polar customers such as DHL Express to optimize their intercontinental networks and introduce additional capacity both from the U.S. and from key North Asian markets to Australia. The increase in Polar’s frequencies will be supported by the introduction of two new Boeing 767-300ERF wide-body aircraft.
“We are very pleased to provide critical uplift connecting Japan and the Midwestern part of the United States – specifically the Ohio Valley – where there is a concentration of Japanese manufacturers who require increased and reliable daily service,” said Thomas Murphy, Executive Vice President and Chief Operating Officer of Polar Air Cargo Worldwide.
“In addition to the trans-Pacific trade lanes, we look forward to the continued growth of DHL and our other freight forwarder customers in the intra-Asia region. Our new freighter frequencies reflect our global operating scale and our proven ability to deliver innovative, high-quality solutions and service to all of our customers.”
Polar Air Cargo Worldwide’s sister company, Atlas Air, Inc., will provide operating service for the aircraft on the new routes. Atlas Air Worldwide (Nasdaq: AAWW) is the parent company of Atlas Air and the majority shareholder of Polar Air Cargo Worldwide.
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 solutions 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.
Bonnie Rodney, 914-701-8580
Dan Loh, 914-701-8200