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The
Miami-based investment firm said it plans to buy both the main
737 MAX 8 model and the higher-density 737 MAX 8200 version.
It said it plans to buy up to 66 MAX jets in part for a new
planned low-cost airline.
The deal, announced at the Farnborough Airshow, takes 777
Partners' purchase plans up to 134 MAX planes having announced
an agreement for 30 in December.
The firm has used its 737 MAX purchases to launch two budget
carriers - Canadian ultra low-cost carrier Flair Airlines and
Bonza Airline, an Australian start-up set to begin operations
this year.
"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.
Wander told reporters the order would help it launch another
low-cost air carrier that he plans to announce "in the near
term."
He declined to say where it would be located but called it a
"market ripe for low cost air travel."
"The 777 aviation platform, which now spans two continents and
two airlines, will soon be three and in the future 4, 5 and 6,"
Wander said. "Using the MAX platform to enable our capacity to
deliver ultra-low cost airlines to a global community."
777 said 93% of Bonza's planned routes are not currently served
by any airline and 96% not currently served by a low-cost
carrier. Flair serves over 30 cities across Canada, the United
States and Mexico.
Boeing Commercial Airlines CEO Stan Deal said the MAX 8200
"really in the ultra-low cost carrier optimises unit cost.... so
that they can pass on great value to the passenger."
(Reporting by David Shepardson; editing by Tim Hepher and Jason
Neely)
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