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Opus99
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Investment Firm orders 24 737 MAX with 60 options

Fri Mar 12, 2021 1:21 pm

https://twitter.com/journodannyaero/sta ... 12932?s=21

Another 737 MAX order by 777 investment firm.

24 firm with 60 options
 
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seahawk
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Re: Investment Firm orders 24 737 MAX with 60 options

Fri Mar 12, 2021 1:23 pm

Fantastic news for a great plane.
 
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qf789
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777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 1:27 pm

777 Partners and Boeing have announced an agreement for 24 737MAX8 to be purchased. The agreement also includes purchase rights for 69 additional aircraft.

777 partners will lease the aircraft to ULCC in its portfolio

https://boeing.mediaroom.com/news-relea ... tem=130836
 
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Polot
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 1:36 pm

I believe these are destined for Flair Airlines.

Order was actually quietly talked about earlier this year but I guess now it’s officially firm. Deliveries are suppose to start this year so I’m guessing white tails are part of the order.
 
Weatherwatcher1
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 1:40 pm

Polot wrote:
I believe these are destined for Flair Airlines.

Order was actually quietly talked about earlier this year but I guess now it’s officially firm.


Yes it appears Flair is going all in with the 737 MAX for their ULCC expansion plans in Canada. Best of luck to them.

Miami-based 777 Partners, which has a stake in Canadian ultra-low-cost carrier Flair Airlines, said it plans to lease the 737-8s to its affiliated carriers.


https://financialpost.com/pmn/business- ... 7-partners
 
Sokes
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 4:32 pm

qf789 wrote:
777 Partners and Boeing have announced an agreement for 24 737MAX8 to be purchased. The agreement also includes purchase rights for 69 additional aircraft.

777 partners will lease the aircraft to ULCC in its portfolio

https://boeing.mediaroom.com/news-relea ... tem=130836

At least Boeing didn't loose its sense of humor. From the link:
" Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets ..."
 
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aemoreira1981
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 5:15 pm

The other portfolio members are members of the Value Alliance in Asia...Cebu Pacific, Jeju Air, Nok Air, and Scoot. I can't see any going to Scoot, but Jeju Air is a definite possibility.
 
PennPal
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 6:00 pm

My take on these recent orders is that airlines are realizing that the MAX is a very efficient aircraft that will increase profitability throughout their route networks, and that the traveling public will accept the jet regardless of what the fear-mongering press says about it...
 
WayexTDI
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 6:37 pm

PennPal wrote:
My take on these recent orders is that airlines are realizing that the MAX is a very efficient aircraft that will increase profitability throughout their route networks, and that the traveling public will accept the jet regardless of what the fear-mongering press says about it...

Airlines have know the efficiency of the MAX for years now, this is nothing new.
What's "new" though, and can explain the recent orders, is that the MAX is flying again and that, thanks to vaccine, the COVID pandemic is thought to be curtained and will start to wind down; economies are starting to rebound, money is cheap, and airlines have an optimistic outlook of the future. So, they buy MAXes again.
 
Jetport
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 7:01 pm

The stock market sure likes this order and the reported LUV 737-7 order.
• Boeing Market Cap – $156.2 billion US at open and now up an additional 6% today so far
 
jbs2886
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Joined: Wed Apr 01, 2015 9:07 pm

Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Fri Mar 12, 2021 9:35 pm

Polot wrote:
I believe these are destined for Flair Airlines.

Order was actually quietly talked about earlier this year but I guess now it’s officially firm. Deliveries are suppose to start this year so I’m guessing white tails are part of the order.


Only 13 of the 24 are destined for Flair.

https://flair-cms-f8-prod.flyflair.com/ ... 7a2dcb.pdf
 
MileHFL400
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Sat Mar 13, 2021 7:56 am

Well done Boeing. A plane that started off life badly that will hopefully regain face again soon. I wonder if the Max will start clawing back some market share against the NEO.
 
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seahawk
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Sat Mar 13, 2021 10:02 am

Without a doubt. Look at the recent orders. The MAX is back, stronger than ever.
 
Opus99
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Joined: Thu May 30, 2019 10:51 pm

Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Sat Mar 13, 2021 10:05 am

MileHFL400 wrote:
Well done Boeing. A plane that started off life badly that will hopefully regain face again soon. I wonder if the Max will start clawing back some market share against the NEO.

Your first indication would be IAG’s short haul replacement. If indeed the go ahead with their LOI then you know
 
CRJockey
Posts: 354
Joined: Mon Feb 10, 2020 11:54 am

Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Sat Mar 13, 2021 10:10 am

seahawk wrote:
Without a doubt. Look at the recent orders. The MAX is back, stronger than ever.


That seems a bit overly enthusiastic.

Anyway congrats Boeing, finally getting that plane back to market.
 
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SQ22
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Re: 777 Partners announces agreement to purchase 24 737MAX8 plus 60 purchase rights

Sat Mar 13, 2021 7:04 pm

Please keep this thread on topic, there is no need to turn it into another B vs. A discussion. Thanks.

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