BAE Systems will sell one of three freighter variants of the BAE 146 aircraft owned by UK carrier, Titan Airways.

The airway plans to sell the three aircraft to fulfil its need for acquiring a larger capacity aircraft. Under the remarketing mandate, BAE’s asset management business will market all three aircraft simultaneously.

One of the BAE 146s owned by Titan is the quiet trader version built in 1988 while the remaining two belong to the quick change variant, built in 1989.

The aircraft are short-haul jets powered by Honeywell ALF502-R5 engines with seating for 70 to 112 passengers.

BAE Systems’s asset management business senior vice-president Steve Doughty said that the company is seeing niche opportunities to place regional freighters in parts of the world where communities and industries such as mining and oil exploration have to rely on air freight for the transport of essential goods and services.

Titan Airways founded in 1988 operates as a charter airlines in Europe.

BAE Systems’s asset management business provides aircraft remarketing, lease management and technical services to the owners and operators of commercial aircraft.