All Titan Aviation articles
-
NewsAtlas to focus on widebodies as it reworks Amazon partnership
Photo: Atlas Air New York state-based lessor and cargo airline Atlas Air will end domestic US Boeing 737 and 767 CMI (Crew, Maintenance, and Insurance) services with e-commerce giant Amazon next year. Atlas Air Worldwide said in a statement that the decision falls in line with its ...
-
News
Georgian Airlines adds third freighter
Recently-launched Georgian Airlines has added a third freighter to its fleet as it looks to capitalise on cargo volumes travelling between Asia and Europe.The airline has added a third B737-800 converted freighter through a deal with Atlas Air Worldwide Holdings subsidiary Titan Aviation.The aircraft is being added through a long-term ...
-
News
Ethiopian to lease B767 freighters from Titan
Ethiopian Airlines has signed up to lease three Boeing 767-300ER converted freighters from Titan Aviation.The African carrier will take delivery of the first of these aircraft later this month, with the second delivery planned for later this year, and the third aircraft planned for 2023.Ethiopian Airlines Group chief executive Mesfin ...
-
News
Reports: Apollo group in talks over Atlas Air takeover bid
A group led by investment firm Apollo Global Managment is in talks to purchase airfreight group Atlas Air Worldwide Holdings, according to Reuters.The newswire quotes a person familiar with the matter as saying that talks are at an advance stage, although no details of whether a deal had been reached ...
-
NewsIcelandair to add B767 freighters through Titan deal
Icelandair is selling two B767-300ER aircraft to Titan Aircraft Investments (TAI) that will be converted into freighters and leased back to the airline.TAI, which is a joint venture between Atlas Air-owned Titan Aviation Holdings (TAH) and Bain Capital Credit, said that following conversion, the aircraft would be placed on long-term ...
-
NewsA last hurrah for the B747 as Atlas orders four more freighters
Image source: Atlas AirAtlas Air Worldwide has ordered four more Boeing B747-8 freighters, which when delivered will be the last of the iconic aircraft ever to be built.The four B747-8Fs are expected to be delivered from May through to October 2022 and signify the end of the Boeing B747 programme, ...
-
News
Bain-Titan $1bn JV reflects a changing airfreight market
The joint venture between Bain Capital and Titan Aviation announced at the end of last year is expected to take aim at the e-commerce market and also reflects a changing air cargo market, according to one consultant.The joint venture deal will see Bain invest $360m of equity in the project ...
-
NewsTitan Aviation and Bain Capital unveil $1bn freighter project
Aircraft lessor Titan Aviation and Bain Capital Credit will form a joint venture to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately $1bn.Under the joint venture, Bain and Titan have committed to provide $360m and $40m of equity capital, respectively, which may be supplemented with ...
-
News
Bill Flynn to retire as Atlas Air Worldwide CEO
Atlas Air Worldwide Holdings has announced that President and Chief Executive Officer William Flynn will retire from the company on January 1, after a 13-year tenure, and become Chairman of the Board on that date.The board has appointed John Dietrich, current Executive Vice President and Chief Operating Officer, as Flynn’s ...