Titan Aviation Leasing has acquired one Boeing 777-300ER aircraft.
The aircraft, manufacturer serial number (MSN) 61735, is currently on long-term lease to Philippine Airlines, the flag carrier of the Philippines. Titan will manage the asset.
Titan said the acquisition advances its long-haul widebody strategy and supports growth in markets where demand for efficient, high-capacity aircraft remains strong.
By acquiring an in-service aircraft on lease to Philippine Airlines, Titan adds durable cash flows and deepens its presence in the Asia–Pacific region, the company added.
The 777-300ER has a range of approximately 7,370 nautical miles and high-capacity, twin-engine efficiency.
“That combination lets airlines operate dense, long-haul routes nonstop while maintaining competitive seat-mile economics,” said Titan.
“Its proven reliability record and commonality within the 777 family also support strong dispatch performance and maintenance efficiency across fleets.”
Titan Aviation Leasing is a joint venture between Titan Aviation Holdings (a subsidiary of Atlas Air Worldwide) and Bain Capital.