Titan Aviation Leasing and Bain Capital, has announced the acquisition of two converted Airbus A330-300 Passenger-to-Freighter  aircraft, powered by Rolls Royce engines, from Airbus Financial Services. Both aircraft are now on long-term lease with mas, a leading cargo carrier based in Mexico. Titan will manage the freighter assets.

This transaction bolsters Titan’s portfolio with its first Airbus freighters and represents the inaugural acquisition under Titan Aircraft Investments II, DAC (“TAI 2”), the company’s second dedicated freighter aircraft investment platform with Bain Capital which launched earlier this month. The firms’ joint venture platform is focused on delivering flexible and efficient freighter leasing solutions worldwide.

“The addition of the A330-300P2F represents an exciting milestone for Titan as we diversify our portfolio with versatile solutions tailored to customer growth,” said Eamonn Forbes, Chief Commercial Officer, Titan Aviation Leasing. “We are delighted to partner with mas as they scale their widebody cargo operations, and we greatly appreciate the Airbus team’s professionalism and collaboration throughout this transaction.”

“This transaction highlights Titan’s ability to deliver innovative and flexible fleet solutions that support the growth of our customers,” said Michael Steen, Chief Executive Officer, Atlas Air Worldwide. “These aircraft will play an important role in meeting rising global air cargo demand and further demonstrate the scale and capabilities of our TAI 2 platform.”

“We have been working closely with Airbus Financial Services, Rolls Royce and Titan to make this arrangement a reality and we look forward to working together with the Titan team for many years to come.” said Robert van de Weg, CEO of mas. “We have a strong belief that the A330-300P2F will continue to create value for our customers and that they will be an essential part of our fleet going forward.”.

“Airbus is pleased to announce the successful closing of an A330-300P2F transaction with Titan. The transaction is a result of a great team effort and highlights the excellent relationship between Airbus, Titan, mas and Rolls-Royce.” said Francois Collet, Head of Trading and Structured Finance at Airbus. “This deal leverages Titan’s leasing and freight market expertise to support mas, an important and growing Airbus customer and underscores the shared commitment to advancing the A330-300P2F program and providing innovative solutions to the freight market.”