Alaska Airlines said on Wednesday it will purchase 110 new Boeing aircraft, the largest single order in the carrier’s history, as part of an aggressive expansion and fleet modernization plan.

Alaska Airlines announces its largest order ever for Boeing aircraft. Here's why its purchase order is particularly significant for BA shares.

A lawsuit against Boeing has alleged that it “attempted to shift blame” onto an Alaska Airlines pilot for mistakes made that contributed to a door plug blowout.

Shares of Boeing (NYSE:BA) rose about 1.4% on Wednesday after Alaska Airlines revealed the largest fleet purchase in its history, committing to 105 Boeing 737-10 jets and five 787 widebody aircraft. The agreement extends Alaska’s delivery schedule through 2035 and also includes options for a further 35 737-10 aircraft.