CFO of Atlas Air Worldwide Holdings, Inc. to Speak at JPMorgan Airline, Aerospace & Airfreight Conference; Live Audio Webcast 4:15 P.M., Thursday, February 23

Business Wire, Feb 21, 2006

PURCHASE, N.Y. -- Atlas Air Worldwide Holdings, Inc. (AAWW) (OTC: AAWW.PK), a leading provider of global air cargo services, said today that Senior Vice President and Chief Financial Officer Michael L. Barna will speak on behalf of AAWW at the JPMorgan Airline, Aerospace, and Airfreight Conference on Thursday, February 23, 2006, at 4:15 P.M. Eastern Standard Time.

A live audio Webcast of Mr. Barna's presentation will be broadcast simultaneously on the Internet and can be accessed via AAWW's Web site at www.atlasair.com (click on "Webcasts," click on "here," and click on "JPMorgan 2006 Airline, Aerospace, and Airfreight Conference"). An archived broadcast of the presentation will be available as well.

About Atlas Air Worldwide Holdings, Inc.:

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.

AAWW, through its principal subsidiaries Atlas and Polar, offers scheduled air cargo service, cargo charters, military charters, and ACMI aircraft leasing in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis.

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