Boeing Co is close to a multibillion-dollar deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, in potentially the company’s largest 737 MAX order since the aircraft’s safety ban was lifted, people familiar with the matter said on Wednesday, March 10. If confirmed, the deal would head off a partial defection to Airbus SE by one of Boeing’s largest customers and provide Boeing much-needed support after the nearly two-year grounding of the 737 MAX family, following fatal crashes in 2018 and 2019. The order would include dozens of firm orders and potentially significant options, the sources said. U.S. carrier Southwest said it does not comment on fleet decisions and has nothing to announce. Boeing declined comment. The proposed deal follows speculation of a faceoff between the smallest member of Boeing’s MAX family and the A220 from Airbus.

Each 737 MAX 7 carries a list price of roughly $100 million, though such jets usually sell for less than half their official value with typical market discounts, according to aircraft industry sources.

The exact terms of any deal and the timing of a possible announcement were not clear.

Boeing shares gained 6.4% to close at $245.34 on Wednesday. Southwest shares dipped 0.7% to close at $58.51.

The potential Southwest deal comes after Alaska Airlines agreed in December to buy 23 737 MAX 9 jets following a lifeline order from European budget airline Ryanair for 75 of the narrowbodies.

Southwest Chief Executive Gary Kelly said in November that the company wanted to make a decision soon about refreshing its aging 737-700 jets with 143 seats and was debating between the Boeing 737 MAX-7, which has yet to be certified, or the A220, which would mean a shift away from its all-Boeing fleet for the first time.