Titan Aviation Leasing, a joint venture of Titan Aviation Holdings and Bain Capital, has sold two Boeing 737-800SF aircraft to ST Engineering, which are currently leased to Georgian Airlines and ASL Airlines. This sale allows Titan to reinvest capital from older assets into new acquisitions while ensuring consistent cash flow. The transaction illustrates Titan’s strategic capital allocation and reinforces its partnership with ST Engineering, aimed at enhancing their portfolio of modern freighter aircraft in a growing market. Titan’s leadership expressed confidence in their asset management model and future opportunities.

Source: https://www.stattimes.com/air-cargo/titan-aviation-leasing-sells-two-737sf-aircraft-to-st-engineering-1357106