777 Partners orders up to 66 additional Boeing 737 MAX jets
Boeing and 777 Partners announced Tuesday a new order for up to 66 737 MAX aircraft, including an order for 30 737-8-200s. This is the US investment firm’s fifth order for the model, rapidly growing its portfolio to 134 MAXs from 2021. The two companies announced the order with a signing ceremony at the Farnborough International Airshow.
→ Arajet receives two new Boeing 737 MAX.
777 Partners has used the 737 MAX to launch a number of low-cost carriers around the world, with more to follow. Currently, its investments include Flair Airlines, Canada’s only independent ultra-low-cost carrier, and Bonza Airline, an Australian start-up that will launch operations this year. The investment firm has earmarked the 737-8-200, which accommodates more than 200 passengers, to grow operations by increasing revenue potential while reducing carbon emissions, fuel consumption and operating costs.
“This new order marks another milestone in the robust growth of our aviation businesses and concurrently, our partnership with Boeing,” said Josh Wander, managing partner of 777 Partners. “We are excited about the possibilities the MAX aircraft provide our growing group of carriers to facilitate and democratize low-cost travel around the globe while respecting our commitment to sustainable flying.”
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