Well, no one cares to get technical, but here goes. "Titanic" is another word for "big", "huge", "gargantuan", "large", etc...
It simply is a W O R D. It is only associated to the demise of a big, huge, large, gargantuan ship.
Titanic is in the dictionary, is it not? As in (sorry guys), the Birds of Prey is a titanic squad.