Mexican cargo carrier mas has expanded its fleet with two Airbus A330-300 Passenger-to-Freighter (P2F) aircraft, leased from Titan Aviation Leasing, the joint venture between Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide, and Bain Capital. The aircraft was acquired from Airbus Financial Services.

Titan said in a statement that both aircraft are now on long-term lease with mas and Titan will manage the freighter assets.

The Airbus A330-300P2F, developed in partnership with ST Engineering and Elbe Flugzeugwerke (EFW), offers up to 61 tonnes of payload capacity and a range of up to 3,650 nautical miles.

Its versatility and efficiency make it well-suited to support mas' expanding regional and international freight operations, particularly as global e-commerce and trade flows continue to grow.

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."

Michael Steen, chief executive officer, Atlas Air Worldwide, said the 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, for his part said the carrier have been working closely with Airbus Financial Services, Rolls, and Titan to make this arrangement a reality. "e 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," van de Weg added.

Francois Collet, head of Trading and Structured Finance at Airbus, said the planemaker 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," Collet added.