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AAWW - Atlas Air Worldwide Holdings Inc News Story

$74.08 1.0  1.4%

Last Trade - 14/05/21

Sector
Industrials
Size
Mid Cap
Market Cap £1.51bn
Enterprise Value £2.64bn
Revenue £2.44bn
Position in Universe 2140th / 6851

Flight Attendants Serving Atlas Air Ratify Five-Year Labor Agreement

Thu 15th April, 2021 1:30pm
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PURCHASE, N.Y., April 15, 2021 (GLOBE NEWSWIRE) -- Atlas Air Worldwide
Holdings, Inc. (Nasdaq: AAWW) today announced that its provider of flight
attendant services, Flight Services International (FSI), has reached a
five-year agreement with the Transport Workers Union of America (TWU) Local
591, which represents flight attendants who support Atlas Air’s passenger
services. This is the first labor contract with FSI flight attendants since
they organized with TWU.

FSI provides Atlas Air with over 400 flight attendants to serve its thousands
of passenger flights a year. Customers include U.S. military service men and
women, sports teams, entertainers and other VIP passengers. Atlas Air has
worked with FSI since 2012.

“We are pleased to recognize the great contributions of our flight attendant
workforce with this updated wage and benefits package,” said Joni Ffrench,
President of Flight Services International.

“FSI flight attendants are true partners with us and provide excellent
service to our customers on passenger flights,” said John W. Dietrich, Atlas
Air Worldwide President and Chief Executive Officer. “We applaud FSI for
their efforts in reaching this desired outcome for their flight attendants.”

About Atlas Air Worldwide:

Atlas Air Worldwide is a leading global provider of outsourced aircraft and
aviation operating services. It is the parent company of Atlas Air, Inc.,
Southern Air Holdings, Inc. and Titan Aviation Holdings, Inc., and is the
majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate
the world’s largest fleet of 747 freighter aircraft and provide customers
the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic,
regional and international cargo and passenger operations.

Atlas Air Worldwide’s press releases, SEC filings and other information may
be accessed through the company’s home page, www.atlasairworldwide.com.

Contacts:  
Investors – InvestorRelations@atlasair.com 
Media – CorpCommunications@atlasair.com 



(https://www.globenewswire.com/NewsRoom/AttachmentNg/207044c8-527d-4144-bb84-e0da24be86e7)



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