Investment company signs order for 24 Boeing 737 Max

Image: © Flair Airlines

777 Partners, a Miami-based investment firm, has placed an order for 24 Boeing 737 Max aircraft.

The company ordered the most popular variant, the 737 Max 8. It also secured purchase rights for 60 additional planes. Despite the ongoing Coronavirus crisis, this is not the first order for Boeing in recent months. Earlier this month, United Airlines signed for 25 737 Max jets, and in December, Ryanair and Alaska Airlines placed notable orders for the type as well.

While not being an aircraft operator itself, 2015-founded 777 Partners holds investments in several budget airlines. Most notably Canadian ultra-low-cost carrier Flair Airlines. It was not immediately clear whether Flair would take delivery all 24 of the newly ordered aircraft. In January, the airline announced it will lease 13 Boeing 737 Max from 777 Partners.

The 737 Max is in the process of returning to commercial passenger service with airlines around the world, after being grounded from March 2019 to November 2020. Just last month, the type returned to the skies in Europe.