Boeing
and private investment firm 777 Partners announced Friday an
agreement to add 24 737-8s to the firm’s diverse aviation
portfolio, with purchase rights for an additional 60 airplanes. The
Miami-based company will place the single-aisle airplanes with its
growing portfolio of low-cost carrier investments around the world.
In
addition to aircraft leasing, 777 Partners strategically invests in a
host of aviation businesses, from operating carriers to
technology-driven solutions. The firm’s travel sector strategy is
largely focused on innovative solutions for interlining, passenger
connectivity, and creating new commerce channels for its airline
investments and customers.
The
737-8 can fly 3,550 nautical miles, about 600 miles farther than its
predecessor. This additional capability allows airlines to offer new
and more direct routes for passengers. The 737-8 reduces fuel use and
CO2 emissions
by 16% compared to the airplanes it replaces, and that superior fuel
efficiency means lower operating costs and a smaller environmental
footprint.