Atlas Air Worldwide Holdings, Inc. President and CEO To Speak At Merrill Lynch Global Transportation Conference June 9, 2005

Business Wire, June 6, 2005

PURCHASE, N.Y. -- Jeffrey H. Erickson, President and Chief Executive Officer of Atlas Air Worldwide Holdings, Inc. (AAWW) (OTC:AAWWV.PK), a leading provider of global air cargo services, will speak on behalf of AAWW at Merrill Lynch's Global Transportation Conference in New York City on Thursday, June 9, 2005, at 9:10 A.M.

Mr. Erickson will deliver his remarks as part of a panel presentation formed to discuss the "Cargo Outlook."

Mr. Erickson's comments will be broadcast simultaneously - audio only - on the Internet and can be accessed via AAWW's Web site at http://www.atlasair.com. An archived broadcast of the presentation will be available through AAWW's Web site for 14 days following the event.

About the Company

AAWW is the parent company of Atlas Air, Inc. (Atlas) and Polar Air Cargo, Inc. (Polar), which together operate the world's largest fleet of Boeing 747 freighter aircraft.

Atlas is the world's leading provider of ACMI (aircraft, crew, maintenance and insurance) freighter aircraft to major airlines around the globe. Polar is among the world's leading providers of airport-to-airport freight carriage. Polar operates a global, scheduled-service network and serves major trade lanes of the world.

Through both of its principal subsidiaries, AAWW also provides commercial and military charter services.

AAWW's press releases, SEC filings and other information can be accessed through the Company's home page, www.atlasair.com.