Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading global provider of air cargo assets and outsourced aircraft operating solutions, today announced the closing of a loan with Industrial and Commercial Bank of China Limited (ICBC) that establishes a relationship with one of the world's largest commercial banks. Reflecting the global scale and scope of AAWW's operations and its industry leadership, the ICBC relationship underscores the Company's commitment to delivering innovative, outsourced aviation solutions to customers serving China and the neighboring Asia-Pacific region, which comprise the world's largest and fastest-growing air cargo market.
Proceeds from the loan will be used to back leverage the March 2010 acquisition of a......
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