DRAFT – FOR REVIEW AND COMMENT ONLY

Atlas Air Worldwide Holdings Preliminary System Statistics & Traffic Results 2005 OPERATING STATISTICS Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Y-T-D Operating Fleet (average during the month)* 1Aircraft count 39.4 39.0 39.0 39.0 39.0 39.0 39.0 39.0 39.0 39.0 39.0 39.0 39.0 Block Hours Scheduled Service 2,940.1 2,682.5 3,460.0 3,688.5 3,002.1 3,244.1 3,465.3 3,511.1 1,995.7 2,698.2 3,513.4 2,973.8 37,174.8Commercial Charter 494.5 467.3 270.9 336.2 262.8 399.3 408.7 508.9 446.1 939.8 1,073.3 649.3 6,257.0Military Charter 2,241.8 1,952.3 2,036.9 2,277.9 2,632.3 2,597.0 2,728.7 2,624.9 2,840.5 2,728.8 2,501.8 2,143.0 29,305.7ACMI 6,927.5 5,919.2 7,639.9 7,843.7 7,508.8 7,258.8 7,217.5 6,856.3 6,729.7 6,663.9 6,594.9 6,521.8 83,682.1 120.5 67.9 77.8 Non Revenue 72.3 71.2 54.9 85.7 62.4 35.1 78.9 61.2 52.1 839.9 Total Block Hours 12,676.2 11,092.5 13,528.1 14,201.2 13,491.6 13,561.7 13,855.2 13,569.0 12,090.8 13,108.5 13,744.5 12,340.1 157,259.4 Scheduled Service Traffic RTM’s (000’s) 101,851.3 101,328.8 133,485.7 141,103.7 117,387.0 127,139.9 132,162.7 132,895.4 78,548.6 104,520.0 134,256.7 110,185.5 1,414,865.4ATM’s (000’s) 170,036.1 157,362.5 202,299.3 214,324.3 176,118.2 189,743.3 202,443.9 202,902.3 113,822.9 156,169.4 201,416.2 168,488.5 2,155,126.8Load Factor 59.9% 64.4% 66.0% 65.8% 66.7% 67.0% 65.3% 65.5% 69.0% ...