Japan's ANA Holdings said on Tuesday it planned to place a company-record order for up to 77 aircraft to replenish its fleet and take advantage of growing demand for travel. The order was its largest ever in terms of aircraft numbers and was worth more than 2.

The rare simultaneous purchase signals ANA's need to expand its procurement at a time when planes are in high demand.

The market to equip Airbus’ narrow-body aircraft families, including the A320 and the A321, is hotly contested. GE Aerospace holds 53.8% market share on the A320, while Pratt & Whitney holds 54% market share on the A321, according to AirInsight.

Japan's ANA Holdings said on Tuesday it would spend about 2.1 trillion yen ($14 billion) to purchase at least 77 aircraft to replenish its fleet. ANA plans to acquire 30 aircraft from Boeing, 27 from Airbus aircraft and 20 from,

All Nippon Airways will be the first Japanese operator of Embraer's E2 family of aircraft following an order for up to 20 E190-E2s, part of a broader fleet renewal as it announced commitments for up to 77 aircraft for future growth.

The purchase underscores ANA’s ambitions to exceed its pre-pandemic fleet size by 2030 and capitalize on the boom in global air travel demand.

Japan's biggest airline ANA Holdings announced Tuesday it will purchase 77 new aircraft from Boeing, Airbus and Embraer to replenish its fleet in order to serve growing passenger demand domestically