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Atlas Air Worldwide Commends U.S.-EU Wet-Lease Services Agreement

Aug 29, 2019 - GlobeNewswire

PURCHASE, N.Y., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) congratulates and thanks the United States government for its long-standing efforts to persuade the European Union to enter into a stand-alone agreement allowing U.S. air carriers to provide wet-lease, or ACMI (aircraft, crew, maintenance and insurance), services to European carriers.

The U.S.-EU agreement eliminates one-sided, short-term time constraints that severely limited the ability...