[3] Polar's parent company is Atlas Air Worldwide Holdings and DHL has a 49% equity interest in the airline.
Polar was formed in 1993 as a joint venture between Southern Air Transport and GE Capital Aviation Services (GECAS).
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.
[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] Polar provides scheduled freight service covering the transpacific, transatlantic, trans-Asia, and Middle East markets.