M&A Deal Summary |
|
|---|---|
| Date | 2016-01-19 |
| Target | Southern Air |
| Sector | Transportation |
| Buyer(s) | Atlas Air |
| Deal Type | Add-on Acquisition |
| Deal Value | 110M USD |
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Atlas Air is a provider of aircraft and outsourced solutions to the global airfreight industry. It is the parent company of Atlas Air, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. Atlas Air was formed in 1992 and is based in Purchase, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Transportation) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-11-02 |
Polar Air Cargo Worldwide
Purchase, New York, United States Polar Air Cargo Worldwide provides a critical link in the global logistics chain with the largest fleet of Boeing 747 freighters among U.S. scheduled all-cargo carriers. |
Buy | - |
