Financing ·
Allegiant borrows $249.3M under aircraft-secured credit facilities for fleet deliveries
ALGTAllegiant Travel Co
On October 13, 2026, Allegiant Travel Company borrowed the full $177.5 million available under a previously reported credit facility secured by its aircraft fleet. The loans bear interest at a fixed rate and require quarterly amortizing payments starting in July 2027 over a five-to-six-year term. Additionally, prior to the end of the third quarter, the company borrowed $71.8 million from another $231.0 million facility to fund pre-delivery payments for Boeing 737-MAX aircraft. These loans carry floating rates based on SOFR plus a margin and are due no later than March 31, 2028, or upon aircraft delivery. The proceeds support upcoming fleet expansions and general corporate purposes. Allegiant Travel Company operates as an airline providing low-cost leisure travel services.