The order is for 737-8 jets, which reduces fuel use and emissions by up to 20%.

The plane adjusts 162 to 210 passengers depending on configuration with a range of 3,500 nautical miles and operates profitably on short- and medium-haul routes.

With travel demand surging globally, lessors are trying to boost their single-aisle portfolios to provide airlines with more fuel-efficient jets capable of operating across various route networks. 

"The 737-8's incredible versatility and unrivalled fuel-efficiency makes it a key asset for the leasing community in its drive to help airlines achieve sustainability and efficiency goals," said Stan Deal, president and CEO of Boeing Commercial Airplanes.

Boeing has secured more than 400 737 MAX family orders in 2023.

Price Action: BA shares are trading lower by 0.07% to $210.87 premarket on the last check Tuesday.

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