When the prime minister needed to charter a plane for his trip to America this month he turned to Titan Airways. Rock stars such as the Rolling Stones also use the airline, as do Premiership football teams and car companies. Titan also charters planes to other airlines at short notice and provides connections for luxury cruises. About half the company’s sales come from its freight business, which transports mail and other cargo for customers that include Royal Mail. Titan’s profits have grown 69% a year from £1.8m in 2004 to £8.7m in 2007. The company was founded in 1988 by pilot Gene Willson, with backing from the 3i venture-capital firm.

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Company details
CompanyTitan Airways
LocationStansted Airport
Annual profit growth69.03%
Latest profits £000s8,652
Latest sales £000s48,060

If applicable:

* supplied by company † annualised figure