Key insights
- Allegiant Air has exercised options to purchase six Boeing 737-8 aircraft, valued at over $720 million based on list price. These jets are slated for delivery in 2028. This move expands Allegiant's firm aircraft orders under a 2021 agreement with Boeing. The transaction is positive for both Allegiant, securing future fleet capacity, and Boeing, reinforcing its order book.
Oct 23 (Reuters) - Allegiant Air said on Friday it had exercised options to buy six Boeing 737-8 aircraft under a 2021 purchase agreement with the planemaker.
The jets, scheduled for delivery in 2028, have a combined list price of more than $720 million, the company said.
Allegiant has 56 firm aircraft under the agreement, including 22 already delivered, while purchase options remain for another 74 jets.
Based on delivery year, the estimated market value of the planes is about $351 million, according to aviation analytics consultancy firm IBA.
Most traders can read a chart. The hard part is the moment: entry window open, pattern forming, and you're still waiting for more confirmation. That's the conviction gap — and our chart analysis closes it. Unlike other AIs that just read data, our Vision AI literally "sees" your charts and hands you a complete trading plan: entry, stop-loss, and profit target in under 60 seconds. Know exactly what to do next, every time.