Titan Aviation Leasing, a subsidiary of Atlas Air Worldwide, and Bain Capital have successfully closed Titan Aircraft Investments II (TAI 2), a new freighter aircraft investment platform.
TAI 2 launches with a $410 million capital commitment from Bain Capital and Atlas that further scales the firms' joint venture platform that is focussed on delivering flexible and efficient freighter leasing solutions worldwide.
This platform builds on Titan Aircraft Investments (TAI 1), which was established in 2019 and launched with $400 million in initial capital commitments.
TAI 1 targeted long-term deployment of $1 billion in assets. Since TAI 1’s inception, Titan Aviation Leasing has acquired 19 aircraft across 11 lessees worldwide, capitalizing on secular demand for cargo aircraft driven by robust e-commerce growth.
“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, SVP and chief commercial officer, Titan Aviation Leasing. “We are excited to scale this platform further with TAI 2 and continue supporting the evolving needs of the global air cargo industry.”