Titan Aircraft Investments, a joint venture between Titan Aviation and Bain Capital Credit, placed three Boeing 757-200SF converted freighters on long-term dry leases with Amerijet International to support its network in Central America and the Caribbean. Titan Aviation, a subsidiary of Atlas Air Worldwide Holdings, will manage these assets.

“We are delighted to welcome Amerijet as a strategic customer and to support its long-term expansion plans. This partnership underscores the trust our customers have in Titan’s expertise in freighters,” Michael Steen, president and CEO of Titan Aviation and chief commercial officer of Atlas Air Worldwide, said.

“I’m incredibly proud of our employees who worked tirelessly to bring the B757 project to fruition. These aircraft will be a wonderful addition to our fleet, giving us a platform for continued growth as we approach 50 years of continuous service from our home base in Miami, FL,” Tim Strauss, CEO of Amerijet, said.

Titan Aviation and Bain Capital Credit formed a long-term joint venture in 2019 to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately $1 billion. Under the joint venture, Titan Aviation provides aircraft and lease management services.