Polar Air Cargo

Polar Air Cargo
Founded	1993; 31 years ago
AOC #	P5CA067Y
Hubs	Anchorage; Cincinnati; Hong Kong; Los Angeles; Seoul–Incheon; Tokyo–Narita;
Focus cities	Chicago–O'Hare; Miami; Nagoya–Centrair; New York–JFK;
Fleet size	22
Destinations	Worldwide
Parent company	Atlas Air Worldwide Holdings (51%); DHL (49%);
Headquarters	Purchase, New York, United States
Key people	Michael Steen
Employees	210
Website	polaraircargo.com

Polar Air Cargo Worldwide Inc. is a cargo airline based in Purchase, New York, United States.^[2] It operates scheduled all-cargo services to North America, Asia, Europe, and the Middle East. Its main base is Cincinnati/Northern Kentucky International Airport, with hubs at Los Angeles International Airport, Hong Kong International Airport, Narita International Airport and Incheon International Airport near Seoul, South Korea.^[3] Polar's parent company is Atlas Air Worldwide Holdings and DHL has a 49% equity interest in the airline.

History

Polar was formed in 1993 as a joint venture between Southern Air Transport and GE Capital Aviation Services (GECAS). It started operations in June 1993 and began with charter flights, later adding scheduled services. During 1994, Polar was certified as a supplemental air carrier by the Federal Aviation Administration and on 4 July 1994 as a US all-cargo carrier by the United States Department of Transportation. After several years of continued growth, the remainder of the company was acquired by GECAS. ^{[citation needed]}

In November 2001, Polar was acquired by Atlas Air Worldwide Holdings (AAWW), whose Atlas Air subsidiary is a provider of ACMI (aircraft, crew, maintenance and insurance) freighter leasing. Polar became the scheduled service provider for AAWW, while Atlas continued to supply Boeing 747-400 freighters on a wet-lease basis to major airlines. In October 2006, it was announced that DHL Express would be acquiring a 49% stake in Polar.^[4] As of March 2007^[update], Polar is still majority-owned by Atlas Air Worldwide Holdings (51%) and has 736 employees.^[3]

In April 2023 Former Polar Air Cargo COO Lars Winkelbauer was arrested in Thailand and charged, along with 10 others, with defrauding the company of an estimated $52m.^[5]

Destinations

Scheduled services

Polar provides scheduled freight service covering the transpacific, transatlantic, trans-Asia, and Middle East markets. Polar offers frequent flights to China, connecting Shanghai to the United States and multiple points in Asia and Europe, e.g., Leipzig/Halle Airport in Germany & East Midlands Airport in the United Kingdom^[6]

Charter services

Polar Air Cargo also offers its customers charter freight services, using its fleet of Boeing 747 and 767. Polar and its sister company, Atlas Air, also do extensive work for the U.S. Air Force’s Air Mobility Command (AMC).

Fleet

Current fleet

The Polar Air Cargo fleet consists of the following aircraft:^[7]

Polar Air Cargo Fleet
Aircraft	In Fleet	Orders	Notes
Boeing 747-400F	2	—	Operated for Atlas Air
Boeing 747-8F	6	—	Operated for Atlas Air
Boeing 767-300ERF	2	—	Dry-leased to customers
Boeing 767-300ERF	2	—	Operated for Atlas Air
Boeing 777F	2	—	Dry-leased to customers
Boeing 777F	8	—	Operated for Atlas Air
Total	22	—