Titan Aviation Leasing, a subsidiary of Atlas Air Worldwide, and Bain Capital, have announced the closing of Titan Aircraft Investments II (TAI 2), a new freighter aircraft investment platform. TAI 2 launches with a capital commitment of US$410 million from Bain Capital and Atlas, further scaling the firms’ joint venture platform, which is focused on providing flexible and efficient freighter leasing solutions worldwide.
Building on the strong performance of Titan Aircraft Investments I, Ltd. (TAI 1), established in 2019 with initial capital commitments of US$400 million, TAI 2 marks a significant expansion of the freighter leasing platform to address sustained global demand for dedicated cargo aircraft.
TAI 1 targeted the long-term deployment of US$1 billion in assets. Since its inception, Titan Aviation Leasing has acquired 19 aircraft placed with 11 lessees worldwide, capitalising on sustained demand for cargo aircraft driven by strong growth in e-commerce.
Titan Aviation Leasing will continue to deliver comprehensive aircraft and lease management services across both portfolios, drawing on its extensive cargo aviation expertise to support an expanding and diversified customer base.
“The successful deployment of TAI 1 has demonstrated the strength of our partnership with Bain Capital and Atlas, and the critical role Titan plays in delivering efficient, flexible freighter leasing solutions,” said Eamonn Forbes, Senior Vice President and Chief Commercial Officer, Titan Aviation Leasing.
“This expanded platform underscores our commitment to the freighter leasing sector and to building long-term solutions for our customers,” commented Michael Steen, Chief Executive Officer, Atlas Air Worldwide.
Matthew Evans, a Partner at Bain Capital stated: “By leveraging our combined expertise with the ability to act quickly and efficiently in a continually evolving market, we are well positioned to continue delivering flexible, high-impact solutions that help freight operators around the world meet their diverse financing needs.”
