ATLAS AIR WORLDWIDE HOLDINGS INC - FORM 10-K - EX-21.1 - EX-21.1 SUBSIDIARIES' LIST, WHICH IS FILED HEREWITH AS EXHIBIT 21.1.

file	filename
EX-31.1 - EX-31.1 RULE 13A-14(A)/15D-14(A) CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER, F - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex311_9.htm
EX-32.2 - EX-32.2 SECTION 1350 CERTIFICATIONS, FURNISHED HEREWITH. - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex322_8.htm
EX-32.1 - EX-32.1 SECTION 1350 CERTIFICATIONS, FURNISHED HEREWITH. - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex321_7.htm
EX-31.2 - EX-31.2 RULE 13A-14(A)/15D-14(A) CERTIFICATION OF THE CHIEF FINANCIAL OFFICER, F - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex312_6.htm
EX-24.1 - EX-24.1 POWER OF ATTORNEY, WHICH IS FILED HEREWITH AS 24.1. - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex241_885.htm
EX-23.1 - EX-23.1 CONSENT OF PRICEWATERHOUSECOOPERS LLP, WHICH IS FILED HEREWITH AS EXHIBI - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex231_886.htm
EX-14.1 - EX-14.1 ATLAS AIR WORLDWIDE HOLDINGS, INC. CODE OF ETHICS APPLICABLE TO THE CHIE - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-ex141_887.htm
10-K - 10-K - ATLAS AIR WORLDWIDE HOLDINGS INC	aaww-10k_20171231.htm

Exhibit 21.1

Subsidiaries of the Registrant

(As of December 31, 2017. All subsidiaries are 100% owned unless indicated otherwise.)

	State or Other
	Jurisdiction of
Name	Incorporation

Atlas Air Worldwide Holdings, Inc. (Registrant)	Delaware
Atlas Air, Inc.	Delaware
Polar Air Cargo Worldwide, Inc. (1)	Delaware
Polar Air Cargo LLC.	California
Atlas Aviation Insurance, Inc.	New York
Southern Air Holdings, Inc.	Delaware
Worldwide Air Logistics Group, Inc.	Delaware
Cargo 360, LLC	Delaware
Air Mobility, Inc.	Delaware
Southern Air, Inc.	Delaware
Worldwide Air Logistics Group GmbH	Germany
Equipment Power, Inc.	Montana
Florida West International Airways, Inc.	Delaware
Titan Aviation Leasing Limited – Americas, Inc.	Delaware
Andromeda Leasing, I LLC	Delaware
AAAM A-2 Holdings, LLC	Delaware
MSN 26206 LLC	Delaware
MSN 26265 LLC	Delaware
MSN 26328 LLC	Delaware
MSN 27205 LLC	Delaware
MSN 27615 LLC	Delaware
MSN 27959LLC	Delaware
Titan Americas Acquisition, LLC	Delaware
JL Beneficiary, LLC	Delaware
Titan Aviation Holdings, Inc.	Delaware
AAWW International 1 Inc.	British Virgin Islands
Titan Aviation Holdings (Cayman), Ltd.	Cayman Islands
AAWW International 2 Inc.	British Virgin Islands
Titan Aviation HK Holdings Limited	Hong Kong
Titan Aviation (Hong Kong) Limited	Hong Kong
Titan Singapore Aircraft Leasing PTE. LTD	Singapore
MSN 36201 PTE. LTD.	Singapore
MSN 36200 PTE. LTD.	Singapore
MSN 39286 PTE. LTD.	Singapore
MSN 24471 Ltd.	United Kingdom
MSN 37138 Ltd.	Cayman Islands
MSN 38969 Ltd.	Cayman Islands
MSN 35606 Holdings LLC	Delaware
MSN 35606 Leasing Limited	Cayman Islands
Global Supply Systems Limited	United Kingdom

________

(1)

51% owned.

ATLAS AIR WORLDWIDE HOLDINGS INC - FORM 10-K - EX-21.1 - EX-21.1 SUBSIDIARIES' LIST, WHICH IS FILED HEREWITH AS EXHIBIT 21.1. - February 22, 2018