Atlas Air Worldwide Holdings, Inc. Promotes Jason Grant to Senior Vice President, Network Planning and Business Development.PURCHASE, N.Y. -- Atlas Air Atlas Air is an American cargo airline based in Purchase, New York, United States. It operates scheduled freight flights on an ACMI contract basis for some of the world's leading airlines, flying to 101 cities in 46 countries. Worldwide Holdings, Inc. (AAWW AAWW Asian American Writers' Workshop AAWW Alpaca Association of Western Washington AAWW Anti-Air Warfare Warship ) (Nasdaq: AAWW), a leading provider of global air cargo air cargo: see aviation. services, today announced the promotion of Jason Grant to Senior Vice President, Network Planning and Business Development. In this new position, Mr. Grant will employ his background in corporate finance, continuous improvement and corporate strategy to identify and implement initiatives to drive earnings through network optimization and yield management as well as to lead the company's strategic business developments. He will report to William J. Flynn, President and Chief Executive Officer of AAWW. Mr. Grant has served as Vice President of Continuous Improvement since last year. "Jason is an outstanding leader with proven results and a fundamentally solid understanding of our company, our business and the needs of our customers," Mr. Flynn said. "Under his leadership, continuous improvement initiatives accounted for more than $22 million in savings in 2006, including nearly $14 million in the second half of 2006. In his new position, Jason will have the opportunity to apply his previous success to a role that will help define our future." Mr. Grant joined the company in 2002 as Manager of Corporate Finance. He has served as Director of Corporate Finance and Vice President of Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and Analysis before being named to lead continuous improvement. He came to the company from American Airlines, where he was a Manager of Financial Planning and Financial Analysis. Mr. Grant holds a bachelor's degree in business administration from Wilfrid Laurier University Wilfrid Laurier University is a public university located in Waterloo, Ontario, Canada. It also has wing in Brantford, Ontario, Canada. It is named in honour of Sir Wilfrid Laurier, the seventh Prime Minister of Canada. and a master's degree from Simon Fraser University Simon Fraser University, main campus at Burnaby, British Columbia, Canada; provincially supported; coeducational; chartered 1963, opened 1965. The Harbour Centre campus in downtown Vancouver opened in 1989. in Canada. About Atlas Air Worldwide Holdings, Inc. AAWW is the parent company of Atlas Air, Inc. (Atlas) and Polar Air Cargo Polar Air Cargo is an American cargo airline based in Purchase, New York, USA. It operates scheduled all-cargo services to Asia, Europe, Australia, New Zealand and the Americas. Its main base is John F. , 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 can be accessed through the Company's home page, www.atlasair.com. |
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