Atlas Air Elects New Board Members.

GOLDEN, Colo.--(BUSINESS WIRE)--June 4, 1996--Atlas Air, Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ATLS ATLS Advanced Trauma Life Support
ATLS Aerial Target Launch Ship ) today elected Governor James Blanchard and Mickey P. Foret to its Board of Directors at its Annual Meeting of Shareholders.

Governor Blanchard joins Atlas as an outside director and brings significant global perspective to the Atlas Board. He was United States Ambassador to Canada This is a list of ambassadors from the United States to Canada. ^[1]

William Phillips - 1927 to 1929
Hanford MacNider - 1930 to 1932
Warren Delano Robbins - 1933 to 1935
Norman Armour - 1935 to 1939
Daniel C. Roper - 1939 to 1939
James H.R.

from August 1993 until April 1996, playing a crucial role in the United States-Canada Aviation Open Skies Agreement The Open Skies Agreement is a recently negotiated treaty between the United States and the European Union. The agreement will allow any European or U.S. airline to fly any route between any city in the EU and any city in the United States. . He served as Governor of Michigan The Governor of Michigan is the chief executive of the U.S. state of Michigan. The current governor is Jennifer Granholm, a member of the Democratic Party, who became Michigan's first female governor on January 1, 2003, when she succeeded Governor John Engler. for eight years (1983-1991) during a period of unprecedented business and foreign investment in Michigan. From 1975 to 1983, he served as a member of the United States House of Representatives during which time he authored and won passage of the Chrysler Loan Guarantee Act, which rescued the corporation from bankruptcy. Before election to Congress, Governor Blanchard was Assistant Attorney General of Michigan (1969-1974).

Foret, who was recently appointed President of Atlas, was elected as an inside director. He brings over 22 years of airline industry experience and know-how to the Atlas team. Just prior to joining Atlas, Foret served as Executive Vice President and Chief Financial Officer of Northwest Airlines, where he played a significant role in the financial turnaround accomplished at that company.

Michael A. Chowdry, Atlas' Chief Executive Officer, in announcing Foret and Blanchard's appointment to the Board said, "Atlas continues to expand its presence in global cargo airline markets. Jim Blanchard's experience as an Ambassador, Governor and Congressman will help Atlas remain at the forefront of the emerging trends in international trade, and Mickey Foret's airline experience provides us with the highest degree of operational expertise to capitalize on those trends."

Atlas Air is a United States certificated air carrier that operates a fleet of 13 747-200 freighters and one 747-100 freighter. Atlas operates its fleet under long-term contracts with some of the world's leading air carriers, including British Airways, China Airlines, Emirates, KLM KLM Kaiserliche Marine (Enigma: Rising Tide game)
KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines)
KLM Klub Langer Menschen (German: Tall Person Club) , Lufthansa, SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. , Swissair, and Varig, serving 52 cities and 25 countries.

CONTACT: Atlas Air Inc., Golden

Vicki L. Foster, 303/526-5050

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Date:	Jun 4, 1996
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