- Boeing Co BA and Miami-based private investment firm 777 Partners signed a new order and commitment for up to 66 737 MAX jets, including a firm order for 30 ultra-efficient, high-capacity 737-8-200s. The financial terms were not disclosed.
- This is 777 Partners' fifth order for the fuel-efficient jet in its class, rapidly building its portfolio to as many as 134 737 MAXs since 2021.
- 777 Partners has used the 737 MAX to launch several low-cost carriers worldwide. Its investments include Canada's Flair Airlines, and Bonza Airline, an Australian start-up that will launch operations this year.
- Price Action: BA shares are trading higher by 1.38% at $149.76 during the premarket session on Tuesday.
- Photo Via Wikimedia
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
