Airlines

Titan Aviation leasing completes acquisition of one Boeing 777-300ER on lease to Philippine Airlines

image credit: Titan Aviation

Titan Aviation Leasing, 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. Titan will manage the asset.

This acquisition advances Titan’s long-haul widebody strategy and supports growth in markets where demand for efficient, high-capacity aircraft remains strong.

By acquiring an in-service aircraft on lease to Philippine Airlines, a well-established carrier, Titan adds durable cash flows and deepens its presence in the Asia–Pacific region.

Eamonn Forbes, Chief Commercial Officer, Titan Aviation Leasing 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 is a highly capable and in-demand aircraft type, with a range of up to approximately 7,370 nautical miles and high-capacity, twin-engine efficiency.

That combination lets airlines operate dense, long-haul routes nonstop while maintaining competitive seat-mile economics.

Its proven reliability record and commonality within the 777 family also support strong dispatch performance and maintenance efficiency across fleets.

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