Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, has begun distributing 40,940 shares of new common stock as it continues to restructure following its emergence last year from Chapter 11. The shares will go to holders of allowed general unsecured claims against AAWW and its subsidiaries and are the first to be allocated since an initial pro rata distribution of more than 16 million shares in July. Distribution of the remaining 1,065,950 shares to holders of allowed ...

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