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Glaser Business

The High Flying History of Atlas Air Inc.

During his career, Robert V. Glaser had a role as part of a team responsible for making a number of lucrative investments. He has also served on several boards of companies with no relation to MapleWood or Investcorp. One of these companies is the large freight aircraft and crew renter Atlas Air, Inc.

Atlas Air Worldwide was founded by businessman Michael A. Chowdry back in 1992. Back then, not much attention was paid to freight hauling in the passenger airline industry, which spurred Chowdry into seizing the opportunity to achieve success in the air cargo sector. Hence, Atlas Air was born. The company’s beginnings involved leasing aircrafts to airlines with contracts based on Aircraft, Crew, Maintenance, and Insurance (ACMI). These types of contracts are also known as wet leasing.

The Boeing 747-200 was the first aircraft Atlas Air began its operations with. As it experienced exponential growth during the 1990s, the fleet would eventually expand to twelve Boeing freighters. At the beginning of the 2000s, the Atlas fleet consisted of nearly forty aircrafts.

Today, Atlas Air remains the leading provider of outsourced aircraft and services involving aviation operation.

This update is by the Robert V. Glaser Business website. Glaser is an industry veteran with decades of experience in banking, private equity, and more. His experience includes his many years working for global manager of alternative investment products Investcorp and he also dedicates his time to various charitable causes including YoungArts Foundation, Chapman Partnership, and more. You can learn more about Robert by visiting the Robert V. Glaser personal website or Robert V. Glaser Giving website.