Dietrich, Vice President, General Counsel and Chief Human Resources Officer for AAWH
, has been promoted to Senior Vice President, General Counsel and Chief Human Resources Officer; and Wake Smith, Vice President, Planning and Business Development, has been promoted to Senior Vice President, Planning and Business Development.
Jeff Erickson, president and chief executive officer of AAWH
, said that during the Chapter 11 case, Atlas and Polar will maintain their ability to continue their global operations and continue their long-standing commitment to their customers.
EDITOR'S NOTE: AAWH
will discuss first quarter results with analysts and investors in a conference call today, May 10, at 2:30 PM EDT.
According to AAWH
, this will be the first 747-400F in Etihad CargoOs global network and it will link Asia, Africa, Europe and other global trade lanes with Etihad AirwaysO hub in Abu Dhabi.
The program gained wide acceptance as 85% of followers preferred to track harvest progress online, many of which followed the tour directly on the AAWH
initially filed for Chapter 11 protection on January 30, 2004.
is the parent company of Atlas and Polar, which together operate the world's largest fleet of Boeing 747 freighter aircraft.
Smith joined AAWH
in 2000 as a consultant working on a number of special projects, including the creation of Global Supply Systems (GSS), a cargo airline in the United Kingdom in which AAWH
has a minority stake.
The furloughs come as AAWH
moves toward consolidating the pilot workforces of Atlas and Polar into one unit, a plan long favored by the company that was delayed by last fall's brief strike by Polar pilots and its aftermath.
If approved by the various creditor groups, the second amended plan is expected by AAWH
to be confirmed by the Bankruptcy Court during the week of July 12, paving the way for the Company to emerge from Chapter 11 no later than July 29, 2004.
) (Pink Sheets: AAWHQ) reached a settlement today with the court-appointed unsecured creditors committees of AAWH
subsidiaries Atlas Air, Inc.
Under the proposed Plan of Reorganization, all equity interests of AAWH
, including its common stock, will be extinguished and will not be recoverable by existing equity holders.