Benzinga | Jan 21, 2022 05:13AM EST

Atlas Air Extends Long-Term Agreement With SF Group

* Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) subsidiary Atlas Air, Inc., extended its long-term aircraft transportation services agreement with SF Group to operate a Boeing Co (NYSE:BA) 747-400 Freighter between China and the U.S.

* The financial terms of the contract extension were not disclosed. The agreement has been in place since 2018.

* SF is one of the world's largest express providers and one of China's leading couriers.

* "We are very pleased to extend our strong partnership with SF," said Atlas Air Worldwide CEO John Dietrich.

* Price Action: AAWW shares traded lower by 0.56% at $78.23 on the last check Thursday.