Purchase, NY - September 12,2006 -- Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo services, today announced that it has placed an order with the Boeing Company (NYSE: BA) for 12 new 747-8 Freighters, valued at about $3.4 billion at list prices, with options and rights to acquire up to 14 additional aircraft. With this order, AAWW continues its market leadership by launching the next generation 747 Freighter for its customers. AAWW will begin to take delivery of the 747-8F in 2010, and expects all 12 aircraft to be in service by the end of 2011.