ATLANTA, April 3, 2012 – Delta Air Lines’ (NYSE: DAL) maintenance division, Delta TechOps, has signed a multi-year exclusive agreement with Atlas Air, Inc. to provide maintenance and support services for three of the company’s Boeing 767-300ER passenger aircraft. Atlas Air is a unit of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating services.
“The men and women of Delta TechOps have a reputation for delivering the highest quality work and the most comprehensive support in the industry, which led to this new agreement,” said Tony Charaf, president, Delta TechOps. “We look forward to continuing to grow our partnership with Atlas Air.”
The new agreement includes 331 APU and CF6 engine time and materials maintenance support, and 767-300ER power-by-the-hour component support.
“Delta TechOps’ operational experience with the 767 aircraft, extensive service offering, and status as a military airlift partner made them the obvious choice for this contract,” said Larry Gibbons, vice president of procurement for Atlas Air. “We look forward to a strong working relationship with a one-stop service provider as we continue to enhance our innovative 767 freighter and passenger service solutions and complement our market-leading Boeing 747 freighter and passenger operations.”
About Atlas Air Worldwide
Atlas Air Worldwide is the parent company of Atlas Air, Inc. (Atlas Air) 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 Air 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 B747 and B767 aircraft and aviation operating services 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. For more information, visit www.atlasair.com.
About Delta TechOps
Delta TechOps is the largest airline maintenance, repair and overhaul provider in North America, generating approximately $650 million in revenue in 2011. In addition to providing maintenance and engineering support for Delta’s fleet of more than 750 aircraft, Delta TechOps serves more than 150 other aviation and airline customers around the world, specializing in high-skill work like engines, components, hangar and line maintenance. Delta TechOps employs more than 9,600 maintenance professionals and is one of the world’s most experienced providers with more than seven decades of aviation expertise. More about Delta TechOps is available at www.deltatechops.com.
The long term agreement includes repairs and general component overhauls on a flight hour basis.
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