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Allegiant Air Expands Fleet With Six New Boeing Jets

24 Oct

Summary

Allegiant Air bought six Boeing 737-8 aircraft.
The new planes are scheduled for delivery in 2028.
This order increases Allegiant's firm aircraft count to 56.

Allegiant Air announced on Friday, October 23rd, that it has exercised its options to acquire six Boeing 737-8 aircraft. These jets are part of a purchase agreement established in 2021 with Boeing.

The newly optioned aircraft are scheduled to be delivered in 2028. The combined list price for these six planes exceeds $720 million.

Following this exercise, Allegiant Air now has 56 firm aircraft under the existing agreement. Of these, 22 have already been delivered to the airline. Furthermore, Allegiant retains purchase options for an additional 74 jets, signifying considerable flexibility for future fleet development.

The estimated market value for these aircraft, based on their projected delivery year, is approximately $351 million, according to aviation analytics firm IBA.

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