Titan Aviation Leasing (the Atlas Air Worldwide and Bain Capital joint venture company), has acquired its first ever Airbus freighters in the form of two Airbus A330-300P2F (MSN 1789 and 1712, equipped with Rolls Royce engines), from Airbus Financial Services. They are now on long-term lease to Mexican carrier, mas, which is no stranger to Airbus conversions. It operates a fleet of Airbus A330-200 P2F and A330-300 P2F aircraft to the USA, South America and China out of its base at Felipe Ángeles International Airport (NLU), Mexico. ST Engineering and EFW carried out these two conversions, having developed a P2F aircraft that can uplift up to 61 tons of payload, and has a range of 3,650 nautical miles – the perfect addition to mas’ growing network to meet e-commerce and trade flow demands.
Eamonn Forbes, Chief Commercial Officer, Titan Aviation Leasing, declared: “The addition of the A330-300P2F represents an exciting milestone for Titan, as we diversify our portfolio with versatile solutions tailored to customer growth. 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.”
Michael Steen, Chief Executive Officer, Atlas Air Worldwide, said: “This transaction highlights Titan’s ability to deliver innovative and flexible fleet solutions that support the growth of our customers. 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.”
Robert van de Weg, CEO of mas, added: “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. 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.”
Francois Collet, Head of Trading and Structured Finance at Airbus, commented: “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. 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.”
