Allegiant Travel’s (ALGT) Allegiant Air subsidiary amended a delivery agreement with Boeing (BA), which gave the aircraft maker an additional two years to deliver 50 737 MAX jets, Stephen Nakrosis of The Wall Street Journal reports. The new pact amended a deal from December 2021 and moves the delivery deadline for Boeing to the end of 2027 from the end of 2025.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALGT:
- Allegiant Travel announces new 44 new nonstop routes
- Allegiant Travel reports preliminary October traffic down 15.7% y/y
- Allegiant Travel resumed with a Neutral at Goldman Sachs
- Allegiant Travel price target raised to $75 from $50 at Barclays
- Allegiant Travel price target raised to $90 from $75 at Seaport Research