TREE NEWS update: Allegiant Air said Friday it exercised options to buy six Boeing 737-8 aircraft under a 2021 purchase agreement, with a combined list price exceeding $720 million. The planes are scheduled for delivery in 2028. Under the agreement, Allegiant has now firmed up 56 aircraft, of which 22 have been delivered, with options on a further 74 not yet exercised. IBA estimates the jets’ market value at about $351 million based on delivery year.
Allegiant Exercises Options for Six Boeing 737 MAX Jets Worth Over $720M
The gap between the $720 million list price and IBA's roughly $351 million market estimate is the real signal: Allegiant is locking in 2028 delivery slots at a steep discount to sticker, a reminder that list prices are negotiating anchors rather than economic reality in narrowbody deals. For Boeing, the order adds to a firm backlog without resolving the delivery-timing risk that has defined its MAX program. The open question is whether Allegiant converts more of its remaining 74 unexercised options as 2028 approaches, or leaves them as optionality.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.