Titan Airways
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| Founded | 1988 | ||||||
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| AOC # | 1212 | ||||||
| Fleet size | 11 | ||||||
| Headquarters |
London Stansted Airport, United Kingdom |
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| Key people | Gene Willson | ||||||
| Website | titan-airways.com | ||||||
Titan Airways is a British charter airline founded in 1988 and based at London Stansted Airport. The carrier specialises in short notice ACMI and wet lease operations as well as ad-hoc passenger and cargo charter services to tour operators, corporations, governments and the sports and entertainment sectors. The company holds a United Kingdom Civil Aviation Authority Type A Operating Licence, permitting it to carry passengers, cargo and mail on aircraft with 20 or more seats and currently operates a fleet of 11 aircraft.
Founded in 1988 as a subsidiary of the Artac Freight and Shipping Group, Titan Airways was named after its first aircraft type, a Cessna 404 Titan. The aircraft was mainly used to carry car parts between various Ford/General Motors facilities in the UK and Europe, but it was also available for ad hoc freight charters and ultimately passenger charters. By 1993, the fleet had grown to include an Embraer Emb 110 Bandeirante, two Short SD 330s and three SD 360s.
The airline’s success attracted investment group 3i which took a stake in the company in 1995. Two ATR 42s were also added before the first jet – a BAe146-200QC – was acquired in 1996. This was the first containerised jet used by the Royal Mail, but it also operated many passenger charter flights and airline sub-services. As the Mail contract grew in size, the first of five Boeing 737-300s was introduced in 1999.
The airline has been consistently profitable, turning a profit in 24 of its 27-year history and has ranked in the Sunday Times Profit Track 100 league table on four occasions since the year 2000. In the early 2000s (decade) Titan Airways found an additional niche in the market, pioneering a rapid response Go Now sub-charter service for airlines experiencing operational problems. The innovative concept earned the company Queen’s Award for Enterprise in 2001.
Demand by customer airlines for more seats and greater range led to the acquisition of two 757-200s in 2003 and 2005, with one aircraft having a VIP interior for corporate use. In 2006 Titan achieved ETOPS rating for the aircraft, enabling long haul charters to the USA and Middle East. The largest aircraft in the Titan family, a 265-seat B767-300, joined the fleet in 2009, and the smallest, a new Cessna Citation CJ2+ arrived in December 2011.
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