Airlines
Atlas Air Plans Purchase of DHL Carrier Southern Air Holdings
The acquisition will add Southern Air's Boeing 777 and 737 freighters to the Atlas Air fleet of Boeing 747s.
Atlas Air operates a fleet of Boeing 747-8 and 747-400 freighters. Its parent company is the majority owner of Polar Air. (Photo: Atlas Air)
Atlas Air operates a fleet of Boeing 747-8 and 747-400 freighters. Its parent company is the majority owner of Polar Air. (Photo: Atlas Air)

Cargo carrier Atlas Air Worldwide plans to acquire air cargo charter company Southern Air Holdings in a transaction valued at $110 million that will combine two significant U.S. air cargo operators. With the purchase, which is subject to approval by the U.S. Department of Transportation, Atlas Air gains Kentucky-based Southern Air’s agreements with shipping company DHL Express and two additional aircraft types—the Boeing 777 and 737.