Boeing Bags Order of up to 100 737 MAX Jets from Allegiant
January 06 2022 - 04:36AM
TipRanks
The world's largest aerospace company Boeing (NYSE: BA) has inked
an agreement with Allegiant Travel Company (NASDAQ: ALGT), an
American ultra-low-cost airline, to purchase 50 new 737 MAX
aircraft to modernize and expand its fleet. The deal includes an
option for Allegiant to purchase 50 additional aircraft in the
future. Boeing will deliver an initial group of planes in 2023,
with the remaining deliveries scheduled throughout 2024 and
2025. Allegiant CEO Maurice J. Gallagher, Jr.
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