Private investment firm 777 partners agreed to by 24 7 and 37 max airplanes, with an option to purchase 60 more.

Boeing announced on Friday 777 Partners, which has a stake in a super budget Canadian air carrier and plans to lease the jet to its affiliated carriers.

In a statement pointed to the max is quote superior economic performance and its fuel efficiency for making the purchase.

The plane returned to the air in December after being grounded for 20 months in the US following two deadly plane crashes, while Boeing fixed a software glitch tied to both air disasters and retrained pilots.

The industry's re embrace of the plane is key to Boeing's rebound after total orders plummeted last year as the health crisis grounded air travel to a halt and airlines put purchases on hold.

The safety issues with the 7 37 max certainly didn't help, but that's slowly changing, sources tell Reuters.

Southwest Airlines is close to signing a multibillion dollar order for dozens of the 7 37 max European budget airline Ryanair has about 75 on order and Alaska Airlines agreed to by 23 orders for the fuel efficient jet.

Coming amid early signs that domestic travel is starting to ramp up on eight of the last 14 days, T S A.

Has cleared more than a million people per day to board an airplane.

That hasn't happened outside of the Thanksgiving or Christmas holidays since the health crisis began a year ago.