Atlas Air Extends Long-Term Agreement with SF Group

Purchase, N.Y., January 20, 2022 – Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced the extension of a long-term aircraft transportation services agreement to operate a Boeing 747-400 Freighter for SF Group (SF), China’s leading express service provider, between China and the United States.

The agreement, which has been in place since 2018, enhances the operating capability of SF and extends its fast-growing global network.

“We are very pleased to extend our strong partnership with SF,” said John W. Dietrich, President and Chief Executive Officer of Atlas Air Worldwide. “SF is a key player in the growing express and e-commerce markets, and we look forward to supporting their rapid global expansion. We value the opportunity to continue providing the superior, reliable service that SF and its customers expect of Atlas.”

SF, based in Shenzhen, Guangdong, is one of the world’s largest express providers and one of China’s leading couriers.

“Our partnership with Atlas Air supports our network between China and the U.S. to further integrate our high-quality transport capacity resources to shorten delivery times,” said a representative of SF.