Allegiant exercises options for six Boeing 737-8 jets worth over $720 million
Allegiant Air has exercised options for six Boeing 737-8 jets due in 2028, with a combined list price above $720 million, Reuters reports.
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what happened
Allegiant Air said on Friday that it has exercised options to buy six Boeing 737-8 aircraft, Reuters reported. The planes are due for delivery in 2028, and their combined list price exceeds $720 million. The purchase falls under a 2021 agreement with the planemaker.
Under that agreement Allegiant holds 56 firm aircraft, 22 of which have already been delivered, and options on another 74 jets remain open. Consultancy IBA estimates the market value of the six planes, based on delivery year, at about $351 million.
why it matters
For markets this is routine news: a large order keeps Boeing busy for years, but the effect on the carrier's own shares is limited. IBA's estimate is roughly half the list price, a reminder that sticker prices overstate what such deals are worth.
tags
instruments
sources
- Allegiant exercises options for six Boeing 737-8 jets — Reuters, 23 October 2026 at 21:02 UTC
- Allegiant exercises options for six Boeing 737 MAX jets worth over $720 million — Reuters, 23 October 2026 at 21:41 UTC
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