Patriots Are First NFL Team to Buy Team Planes

 

Patriots pic

Patriots
Image: boston.com

As a managing partner for Laidlaw & Company, James “Jim” Ahern advises and raises capital for public and private healthcare companies. When he isn’t busy working for Laidlaw, James “Jimmy” Ahern enjoys following his favorite National Football League (NFL) team, the New England Patriots.

The Patriots became the first NFL team to overcome a 25-point deficit in the Super Bowl when the team rallied to beat the Atlanta Falcons 34-28 in 2016 and now the franchise has established another first. The Patriots recently bought a pair of 767 Boeing wide-body jets and, in doing so, became the first NFL team to purchase its own air transportation. The planes were purchased in the summer of 2017 and will be used by the team to fly to games throughout the upcoming season. First-class seats with reclining capability were added throughout the plane, while the exterior is decorated with the Patriots logo and five Lombardi trophies.

An ESPN source indicated that the planes are extended range, meaning they can fly nonstop for up to 12 hours. Depending on their condition, 767 Boeing planes can cost upwards of $65 million, while a brand-new one can be worth as much as $200 million. The decision to buy the planes stems from recent announcements from major airlines that they would soon be retiring the bigger planes used to accommodate NFL teams. Last year, American Airlines cut ties with six NFL teams, two of which began using Miami Air, a charter-only airline.