Boeing wins order for up to 66 737 MAX jets from 777 Partners

Jul. 19, 2022 7:02 AM ETThe Boeing Company (BA)AERBy: Carl Surran, SA News Editor3 Comments

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Boeing (NYSE:BA) +2% pre-market on Tuesday after announcing a new order for as many as 66 737 MAX jets from investment firm 777 Partners, including a firm order for 30 737-8-200 jets; financial terms were not disclosed.

It is 777 Partners' fifth order for "the industry's most fuel-efficient jet in its class," building its portfolio to as many as 134 737 MAXs since 2021.

777 Partners said it has used the 737 MAX to launch low-cost air carriers including Canada's Flair Airlines and Australia's Bonza Airlines.

"777 Partners is leveraging the cost efficiencies of the 737-8 and 737-8-200 for its diverse network of airlines, while also providing an excellent passenger experience and meeting sustainability goals," Boeing Commercial Airplanes CEO Stan Deal said of the order, which was announced at the Farnborough International Airshow.

Separately, Boeing (BA) is close to announcing a deal to sell 787 Dreamliners to AerCap Holdings (AER), The Wall Street Journal reports.

The terms of the AerCap deal are not known, and the number of aircraft is expected to be in the single digits, according to the report.

Boeing (BA) opened the Farnborough Airshow this week with an order for at least 100 727 MAX 10 planes from Delta Air Lines.

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