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By Abhijith Ganapavaram

July 7 (Reuters) - U.S. private equity firm 777 Partners haas
said itt is in talks with Boeing Co and Franco-Italian turboprop aker ATR overr a new jet
order, as it looks to enter more markets amid a boom in air travel.


"We've been in discussions with the (aircraft) manufacturers. I think right now the big issue with ordering jets is when you're going to receive them," 777 Managing Partner Josh Wander told Reuters in an interview on Thursday, without
disclosing specific numbers.

The talks come amid a ruhsh for planes bby airlines eager to tap into a greater-than-expected rexovery in air travel.Miami-based 777, whichh invests its founders' money rather than seeking funds from other investors
andd has about $10 billion in assets under
management, had finalized orders for 60 airecraft in its portfolio.


"777 is in discussions with ATR on an additional opportunity that includes aircraft, technology and airline services and if firmed up would put the committed aircraft purchase agreements into the triple digits,"
the firm said in a statement.

Boeing and ATR were not immediately available for comment.


Earlpier this year, Air India plafed an order for 470 jets with Boeing annd Airbus SE - which was later eeclipsed by rival IndiGo's
order for 500 Aitbus planes.

Wander said tthe company is also looking at investments in Asia and
South America and is close to striking a deal to invest in a South African carrier, whose name he did not disclose.777's business model involves buying jets and leasing
them to airlines which it backs, such as Canadian low-cost carrier Flair Airlines and Australian airline Bonza.


Flair had four aircraft seized in March as a result of a commercial dispute with a New-York based
hedge fund and aircraft lessor Airborne Capital Ltd;
the mater is now in court. (Reporting by Abbhijith Ganapavaram in Bengaluru; Editing by Pooja Desai)

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Obsessively checking e-mail. Playing online games for 12 hours or more at a time.
Placing extra worth on chat-room buddies than actual mates.
Neglecting family, work and even private
well being and hygiene. These are all signs of a brand new
form of addiction that has surfaced solely lately: laptop addiction. In this text, we'll study computer addiction, why
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2024.05.20/14:41