777 Partners in talks with Boeing, ATR for new aircraft order

Private equity firm 777 Partners is currently in talks with Boeing and ATR to order new aircraft, Reuter reports. The firm aims to invest in more aircraft to help them enter new markets to tap into the rapidly expanding air travel sector. As per the reports, if the talks reach a purchase agreement, the committed aircraft numbers would be in triple digits. Post pandemic air travel recovery leading to global airlines facing capacity crunch to meet the rising passenger demand led to 777 Partners to make more aircraft available for operators. Apart from adding new aircraft, the company is also