9/103 sources · 2 publishersUpdated Oct 23, 22:23 UTC
Allegiant Air exercises six Boeing 737-8 options for 2028 delivery, valued over $720 million
Allegiant Air exercised six options under its 2021 agreement to purchase Boeing 737-8 jets scheduled for delivery in 2028. The options carry a combined list price of more than $720 million, raising the airline’s firm order count to 56 aircraft. The move adds to the 22 jets already delivered and leaves 74 options still available.
Why it matters
The additional firm orders increase Allegiant's future capital expenditures and may boost Boeing's order backlog and revenue in the coming years. Investors will watch the airline’s fleet modernization plans and the impact on its balance sheet.
Key facts
- 1Allegiant exercised six options for Boeing 737-8 aircraft scheduled for 2028 delivery. tradingview.com
- 2The combined list price of the six options is over $720 million. tradingview.com
- 3The total firm aircraft under the 2021 agreement now total 56. tradingview.com
- 4Allegiant has 22 of those aircraft already delivered. marketscreener.com
- 5There remain 74 options that have not yet been exercised. tradingview.com
- 6IBA estimates the market value of the six jets at about $351 million. marketscreener.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.