Titan Airways introduces first Airbus A320 to fleet.

Tuesday 5th March 2013

Titan Airways, the London Stansted-based charter airline, is
bolstering its fleet with the introduction of its first Airbus airliner.

The seven year young Airbus A320-233 will join Titan's 12-strong
fleet andbegin revenue service from May 1st. The new addition is an important one
for Titan, which marks its 25th birthday this spring, being the first step in
its long term strategy which aims to introduce more modern, economical andenvironmentally friendly aircraft into the fleet.

Alastair Kiernan, Titan Airways Commercial Director, explains: "All the
aircraft in the A320 family, which comprises the A318, A319, A320 andA321, are economical to operate, with lower fuel burn andlower carbon emissions. Plus, many of the components andsystems are interchangeable so maintenance costs can be reduced even when
operating more than one type of aircraft. In addition, all the aircraft in the
A320 line are equipped with the same cabin/flight deck management system, so
crew are able to switch between aircraft types andsavings can be made with
regard to training."

The best-selling Airbus A320 product line is a highly popular choice
for a host of airlines worldwide andTitan anticipate strong
demandfor the new aircraft from other airlines for wet/damp lease andairline sub charter. In addition the Titan Airways Airbus A320 will be
available for ad-hoc charter andtour operator charter
work.

The aircraft will be delivered fully refitted with 168 all-leather
seats offering a minimum 31 inch seat pitch. Half of the aircraft will be
configured with variable geometry seats which can be converted at the touch of a
button from six seats abreast to four seats abreast with a drop down central
table. Alastair Kiernan, commented: "We have the same variable geometry seats on
our Boeing 757 aircraft andthe versatility of seating
configurations has been a real hit with customers. The aircraft will also be
equipped with drop-down in-flight entertainment screens at approximately three
row intervals."

Titan Airways recently became a wholly independent company, having completed
a Management Buyout (MBO) from 3i, led by Titan CEO Gene Willson. The airline
offers a versatile fleet, ranging from a six seat Citation CJ2+ to a 265 seat
Boeing 767-300.

• About Titan Airways:

Founded in 1988, Titan Airways is an established player in the European
charter market, providing a bespoke charter tailored to each client's demands, catering for
individuals or groups from one to 265
passengers.

Titan Airways expanding fleet currently comprises
12 aircraft:- three Boeing 737-300QCs; one Boeing 737 - 300F, two BAe
146-200QCs; one BAe Avro RJ100; three Boeing 757-200s; a Boeing 767-300ER; andthe
new Cessna Citation CJ2+. The Airbus A320-233, available from spring 2013, will
be the 13th aircraft in the fleet. Several of the aircraft are QC (quick change)
enabling utilisation for either passenger or freight transportation.

Many leading airlines - legacy carriers andregional airlines - call on
Titan Airways to provide instant operational solutions. The airline's reputation
is built on its unique 'Go Now' policy, which guarantees that an aircraft can be
airborne within 60 minutes of flight confirmation. Other carriers also use Titan
for short, medium andlong term lease
requirements.

Titan Airways is a worldwide AOC holder for both freight andpassenger charters.

· Titan Airways also operates winter ski charters on behalf of leading
UK ski tour operators including Crystal Ski, Thomson Ski, Club Med, Esprit
Holidays

andInghams.

Titan Airways employs approximately 270 personnel, based mainly at London
Stansted.

Titan Airways customers include national andregional airlines,
cruise lines, pop groups, blue chip organisations,
finance houses, major car companies andtour operators.

www.titan-airways.com