777 Partners Sees Potential in Canadian Ultra-Low-Cost Carrier

Miami-based investment firm 777 Partners has acquired a 25 percent equity piece in Canadian ultra-low-cost Flair Airlines, the maximum amount of a foreign entity that they can under Canadian federal regulations. Investments are not always publicized, but Flair Airlines hopes this announcement will help customers continue to trust the fairly…

A World Anew: Investors Plan to Launch an Ultra Low-Cost…

Formerly defunct World Airways is potentially being given a second chance at life, for now. On Wednesday,  777 Partners announced that they had acquired the intellectual property for World Airways and planned to restart the carrier. However, instead of picking up where the airline left off, the business strategy for…