Allegiant exercises six Boeing 737 MAX options, raising firm order to 56 jets

Allegiant signed the supplemental agreements on 19 October 2026 and disclosed them in the filing four days later. The six are the first options exercised under a purchase agreement signed on 31 December 2021. That leaves 74 options outstanding and 34 of the 56 firm aircraft still to be delivered, after 22 deliveries as of 23 October.

Order terms

The six jets carry a combined list price of more than $720 million, or about $120 million each before discounts and escalation adjustments. Allegiant did not disclose the negotiated price. IBA estimates their market value at about $351 million based on the 2028 delivery year, Reuters reported. Traders Union noted the comparison points to a gap between list pricing and estimated market value.

Aviacionline reported the six as 737 MAX 8s, the variant Boeing designates the 737-8. Simple Flying reported them as 737 MAX 8-200s, the high-density variant Allegiant already operates. Allegiant's 8-200s have 190 seats against a certified maximum of 210 for the variant.

From Airbus to Boeing

Allegiant built its fleet on used Airbus narrowbodies and took delivery of its first Boeing only in September 2024. By February 2026 the Boeing fleet had grown to 16 aircraft, while the number of Airbus narrowbodies had fallen to 106, according to Air Data News. The airline says the MAX burns about 20% less fuel than its older A320-family jets.

The original agreement covered 50 firm aircraft, split between 737-7s and 737-8-200s, plus 50 options, with deliveries planned from 2023 to 2025. Allegiant later swapped part of the order from the 737-7 to the 737-8-200 and added 30 options, taking the total between firm orders and options to 130. At the time of the January 2022 announcement, Allegiant also signed a 12-year maintenance agreement with CFM International for the LEAP-1B engines on the new jets.

Fleet after Sun Country

As of 30 June 2026 the group operated 77 Airbus A320s, 28 A319s and 19 Boeing 737 MAX 8-200s under the Allegiant brand, plus 44 737-800s and three 737-900ERs from Sun Country, according to Aviacionline. The group also had 22 737-800 freighters. Allegiant acquired Sun Country for about $1.5 billion on 13 May 2026. The two airlines will keep separate operations until they hold a single FAA certificate, which Simple Flying reports is expected in 2028.

Delivery delays

Allegiant expected its first MAX in 2023. The first 737 MAX 8-200 arrived in September 2024 and entered passenger service the following month. A November 2024 amendment moved the final deliveries of the original order from the end of 2025 to the end of 2027, Aerotime reported. In an October 2024 investor presentation, the airline said the delays were costing it about $30 million a year.