Titan Aviation Leasing, a subsidiary of Atlas Air Worldwide, and Bain Capital closed Titan Aircraft Investments II, DAC (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 focused on delivering flexible and efficient freighter leasing solutions worldwide.
Titan Aviation Leasing will continue to provide aircraft and lease management services across both portfolios.
“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,” Eamonn Forbes, senior vice president and chief commercial officer at Titan Aviation Leasing, said. “We are excited to scale this platform further with TAI 2 and continue supporting the evolving needs of the global air cargo industry.”
“This expanded platform underscores our commitment to the freighter leasing sector and to building long-term solutions for our customers,” Michael Steen, CEO of Atlas Air Worldwide, said.
“We are proud to deepen our partnership with Titan and Atlas as we expand our platform to meet the increasingly complex demands of global cargo supply chains,” Matthew Evans, a partner at Bain Capital, said. “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.”
