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Titan Aviation Leasing Acquires one Boeing 777-300ER on Lease to Philippine Airlines

Atlas Air Worldwide has today announced that Titan Aviation leasing has completed the acquisition of one Boeing 777-300ER on lease to Philippine Airlines.  The asset will now be managed by Titan.


Boeing 767 Freighter Rendered in Titan Livery - Courtesy Atlas Air Worldwide
Boeing 767 Freighter Rendered in Titan Livery - Courtesy Atlas Air Worldwide

On Monday (October 13, 2025), Atlas Air Worldwide announced that Titan Aviation Leasing, a joint venture between Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide, and Bain Capital, announced the acquisition of one Boeing 777-300ER aircraft. The aircraft, manufacturer serial number (MSN) 61735, is currently on long-term lease to Philippine Airlines, the flag carrier of the Philippines, and Titan will now manage the asset.  By acquiring an in-service aircraft on lease, Titan adds durable cash flows and deepens their presence in the Asia–Pacific region.


In Monday’s announcement, Titan Aviation Leasing’s Chief Commercial Officer, Eamonn Forbes, said,


“We are pleased to support the growth of Philippine Airlines.  This transaction reflects Titan’s disciplined capital deployment strategy while enhancing geographic and customer diversification.”


The 777-300ER offers a range of approximately 7,370 nautical miles and high-capacity, twin-engine efficiency. This allows airlines to operate dense, long-haul routes nonstop, while maintaining competitive seat-mile economics.  The aircraft’s reliability record and commonality within the 777 Family also support strong dispatch performance and maintenance efficiency across fleets.


Titan Aviation Leasing is a freighter-centric leasing company that provides dry leasing solutions to airlines worldwide.  The carrier’s fleet of cargo aircraft supports customers, including international flag carriers, express operators, e-commerce providers, and regional and domestic airlines.  Titan Aviation Leasing’s airfreight expertise and innovative asset management solutions help customers quickly ramp up their aviation operations while minimizing capital investment. 


White Plains, New York-based Atlas Air Worldwide is a leading global provider of third-party aircraft and aviation operating services.  Company subsidiaries include Atlas Air and Titan Aviation Holdings.  Additionally, the company owns a majority stake in Polar Air Cargo Worldwide.  Together, the Atlas Air family of companies operate the world’s largest Boeing 747 Freighter fleet.  The company also offers their customers a wide selection of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. 


 

Source: Atlas Air Worldwide 

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