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Titan Airways buys two 757s
19 September 2011
The Boeing aircraft will be leased to a European lessee, making Titan Airways a first-time lessor.
Read more:
Titan Airways
Hagondale Limited
Boeing 757-200s
Lloyds Banking Group
Cayman Island
special purpose companies (SPCs)
Maduro Leasing
Geerman Leasing
Rob Platts
Titan Airways has acquired two 2000-vintage Boeing 757-200s in a deal worth more than $40 million. Hagondale Limited, Titan Airways’ holding company, purchased two Cayman Island special purpose companies (SPCs), which held the aircraft, from Lloyds...
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