About: http://data.cimple.eu/news-article/b63142762297524a26c5ce0cbf1063aea5a33a18ead9c988c37e9c8e

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About: http://data.cimple.eu/news-article/b63142762297524a26c5ce0cbf1063aea5a33a18ead9c988c37e9c8e Goto Sponge Distinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Investment firm 777 Partners has ordered 24 of Boeing's 737 MAX 8 aircraft, with an option to order 60 more, the firms announced Friday. The order is worth $2.9 billion for the aerospace giant as it works to recover from the crisis sparked by the 20-month grounding of the MAX planes worldwide following two deadly crashes. The planes were only cleared to return to the skies in late 2020, but the company also has suffered from the collapse of the travel industry due to the Covid-19 pandemic. "This is a significant order that speaks to 777 Partners' belief in the 737-8 and the market recovery ahead," said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. Boeing was hit with 655 cancelations or plane order conversions last year, and in February, Boeing again saw more cancelations than new orders. The Miami-based investment company said it will use the single-aisle MAX planes in "its growing portfolio of low-cost carrier investments around the world," the statement said. Joshua Wander, founder and managing partner of 777 Partners said the MAX planes' lower fuel consumption will help its partner companies deliver lower fares. "The retrenchment of traditional carriers globally has created an unprecedented market opportunity for more agile and cost-efficient operators. These aircraft will enable our operators to accelerate the recovery in the destinations they serve," he said in a statement. hs/cs
schema:headline	US investment firm orders 24 Boeing 737 MAX planes
schema:mentions	2001 Omsk An-70 crash Boeing 737 MAX Pandemic Coronavirus disease 2019 Joshua Wander Narrow-body aircraft Low-cost carrier MAX Light Rail
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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