Press release

Titan Aviation Holdings, Inc. chooses AerData software

Amsterdam, The Netherlands;  4 February 2015

AerData, the provider of lease management, records management and engine fleet planning software, announces that Titan Aviation Holdings, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, Inc., has chosen AerData’s CMS and STREAM software.

CMS (Corporate Management System) is the leading lease and asset management solution used by the majority of the world’s aircraft, helicopter and engine leasing organizations.

STREAM (Secure Technical Records for Electronic Asset Management) is the industry’s foremost web-based solution used by some of the world’s largest airlines, lessors and MROs to manage aircraft and engine records.

Michael Steen, President and Chief Executive Officer, Titan Aviation Holdings, Inc. said “Reflecting the significant expansion in the size and value of our aircraft portfolio and our desire to grow our business, we sought to find a software solution that would enhance our ability to leverage the lease, asset and records management requirements of our freighter-centric fleet. AerData has already proven themselves in the industry to be a reliable partner capable of facilitating our business model and supporting the achievement of our goals.”

Commenting on the announcement, Mark Nieuwendijk, Managing Director of AerData said “We are delighted to announce that Titan has selected our services. Titan joins a growing list of organizations realizing the benefits that an integrated system provider can offer.”

About AerData

AerData provides lease management, records management and engine fleet planning software, fleet and valuations data and technical and back office services for aircraft and engine operators, lessors and MROs. With a strong customer focus AerData delivers a reliable and secure service to its clients using latest technologies and state of the art infrastructure.

AerData was acquired by The Boeing Company and became part of Boeing Commercial Aviation Services in May, 2014. AerData products are now part of the integrated suite of aviation services marketed as the Boeing Edge. These include parts, training, engineering, maintenance and software solutions that increase the efficiency and profitability of airlines and leasing companies.

About Titan Aviation Holdings, Inc.

Titan Aviation Holdings, Inc. a wholly owned subsidiary of Atlas Air Worldwide Holdings, Inc., is a freighter-centric leasing company with one of the world's larger fleets of Boeing 777 freighters.

With an aircraft portfolio of around US $1 billion, Titan is ranked by Airline Business in the top 40 global aircraft leasing companies by asset value.

Titan’s fleet of cargo and passenger aircraft, both wide-bodied and narrow-bodied, flies worldwide with customers ranging from international flag carriers and express operators to low-cost airlines, regionals and domestic carriers.

For further information

Sharon Heaton, Marketing Executive, AerData
Phone: +44 1293 842 438
Email: sharon.heaton@aerdata.com

Disclaimer

This press release may contain forward-looking statements that involve risks and uncertainties. In most cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of such terms or similar terminology.  Such forward-looking statements are not guarantees of future performance and involve significant assumptions, risks and uncertainties, and actual results may differ materially from those in the forward-looking statements.