Allegiant Travel Company has exercised options to purchase six additional 737-8 aircraft from The Boeing Company, expanding its future fleet under a 2021 agreement. Separately, the company entered into new multi-year employment agreements with its chief executive officer and other key executive officers, securing its leadership team through 2029.
Key Details
- Aircraft Purchase: The supplemental agreement with Boeing, dated October 19, 2026, is for six 737-8 aircraft with a total list price of over $720 million before customary discounts.
- Delivery & Fleet Status: The new aircraft are scheduled for delivery in 2028. This brings Allegiant's total firm order to 56 aircraft (22 delivered to date), with 74 options remaining.
- Executive Agreements: New employment contracts effective October 22, 2026, were executed for CEO Gregory Anderson, President & CFO Robert Neal, and EVPs Drew Wells and Tyler Hollingsworth, all expiring at the end of 2029.