TITAN REACHES 20 YEARS OF SUCCESSFUL OPERATION

Titan Airways, the London Stansted-based VIP charter specialist, is celebrating its 20th Anniversary this year. Founded by Managing Director Gene Willson in 1988, the airline has witnessed phenomenal changes within the aviation industry over the past two decades and despite adversity within the sector, Titan has continued to grow and succeed.

Testament to this is the fact that Titan Airways is one of just three companies that have been included in the Times Profit Track 100 more than once during the past nine years. Titan has been included a total of four times, with the airline achieving profits in every year of operation, showing an average increase of 69% a year with profits growing from GBP 1.8m in 2004 to GBP 8.7m in 2007.

"I am extremely proud of Titan Airways and of everything the dedicated Titan team has achieved over the past 20 years," said Gene Willson. "We continue to provide a first class service and look forward to even more exciting times ahead with our plans for further fleet expansion."

To mark its 20th anniversary, Titan Airways has announced the addition of two new aircraft to its fleet for 2009. Arriving in May 2009 is a Boeing 737-800 bringing new generation aviation technology to the Titan fleet. The aircraft will be configured with 189 leather seats and includes an inflight entertainment system. The 737-800 offers maximum gross weight and aircraft engine thrust and is ETOPs capable. The aircraft will be just five years old when it joins the Titan fleet and is being leased from CIT Aerospace over an eight year period.

In December 2009, Titan will take delivery of a Boeing 767-300 ER from GECAS Leasing. The aircraft has been signed for a seven year lease and again, will be only five years old when it joins the Titan fleet. With just 265 leather seats in a 2/3/2 configuration, this is the first wide-body aircraft in the Titan fleet offering long haul capability with a maximum range of approximately 6,000nm. The 767-300 is also ETOPs capable. Both new aircraft will sport full Titan Airways livery representing an image of Saturns moon, Titan.

"Our aim is to continually modernise our fleet as part of our ongoing strategy over the next few years," said Alastair Kiernan, Titan Airway's Commercial Director. "We are constantly striving to maintain our high standards of operation and part of this is ensuring our passengers fly in the most advanced aircraft."

Titan Airways takes its names from its first aircraft, a Cessna 406 Titan. The airline originally consisted of just two people and has grown to its current size of 220 staff, operating 24/7, 365 days a year. The unique Titan 'Go Now' policy ensures an aircraft can be airborne within 60 minutes of flight confirmation and MD Gene Willson still regularly operates the Boeing 757 and King Air 350 himself.

During the past 20 years Titan has flown many household names with clients including cruise lines, rock and pop groups including the Rolling Stones, blue chip organisations, finance houses, tour operators and major car companies such as Porsche, Mercedes and Audi. Titan has received many accolades, the most prestigious being the Queens Award for Enterprise which was awarded in 2001 for the airline�s innovative use of 'quick change' capabilities, enabling the BAe 146 and Boeing 737 aircraft to be utilised for both passenger and freight charters.