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ATLAS AIR WORLDWIDE CONSOLIDATES HEADQUARTER OPERATIONS

ATLAS AIR WORLDWIDE CONSOLIDATES HEADQUARTER OPERATIONS

   Polar Air Cargo Inc. said it has moved its corporate headquarters to Purchase, N.Y., where it will share a building with sister company Atlas Air.

   The move affects about 60 employees. Polar Air's sales and marketing offices remain in Long Beach.

   Parent company Atlas Air Worldwide Holdings acquired Polar Air in November 2001.