Allegiant exercises options for six Boeing 737 MAX jets worth over $720 million

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.

(Reporting by Anshuman Tripathy in Bengaluru; Editing by Shreya Biswas)

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