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Atlas Air Worldwide Holdings to Report Fourth-Quarter, Full-Year 2008 Results on Tuesday, February 24

Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and services, will release results for the fourth quarter and full year ended December 31, 2008, prior to the opening of stock market trading on Tuesday, February 24, 2009.

William J. Flynn, AAWW’s President and Chief Executive Officer, and Jason Grant, 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 February 24.

Interested parties are invited to listen to the call live over the Internet at www.atlasair.com.

For those unable to listen to the live call, a replay will be archived on the above Web site following the call. A replay will also be available through March 3 by dialing (800) 405-2236 (domestic) and (303) 590-3000 (international) and using passcode 11126785#.

About Atlas Air Worldwide Holdings, Inc.:

AAWW is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing Limited (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 services that include ACMI aircraft leasing – in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis – express network and scheduled air cargo service, military charters, commercial cargo charters, and dry leasing of aircraft.

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

Contacts:

Atlas Air Worldwide Holdings, Inc.
Media:
Mark Tender, 914-701-8192
or
Investors:
Dan Loh, 914-701-8200

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