Griffin orders five Boeing 737 MAX 8s

Griffin Global Asset Management – the aircraft leasing company founded by CEO Ryan McKenna and backed by Bain Capital Credit – has announced a direct order with Boeing for five new 737 MAX 8 aircraft. The purchase is Griffin’s first direct order as the company states that it sees strategic opportunities to place the aircraft during the market recovery. The delivery date of the aircraft has not been disclosed. “As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways. An important component of this strategy is providing balanced capacity that meets returning passenger demand.