March 28, 2012, 9:11 a.m. EDT
Atlas Air Worldwide Begins Boeing 767 Operations for DHL Express in North America
PURCHASE, N.Y., Mar 28, 2012 (BUSINESS WIRE) -- Atlas Air Worldwide Holdings, Inc. /quotes/zigman/93848/quotes/nls/aaww AAWW -0.14% , a leading global provider of outsourced aircraft and aviation operating services, today said that its Atlas Air, Inc. unit has commenced Boeing 767 cargo service in North America for DHL Express under a previously announced long-term CMI (Crew, Maintenance and Insurance) contract.
The new service on behalf of the world’s leading international express shipping company further expands Atlas Air's asset-light CMI service solution, which was launched in 2010. Atlas Air expects CMI to be a strategic driver of increased revenues and earnings and improved business mix.
“By growing our CMI operations, we continue to diversify our business mix while at the same time strengthening our long-term relationship with DHL Express,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “Customers like DHL recognize that our technical expertise, global scope and scale of operations, and deep industry knowledge can greatly assist them in their own operations.”
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