Financing ·
Allegiant Travel Company entered into two new credit facilities on July 24 and July 27, 2026
ALGTAllegiant Travel Co
Allegiant Travel Company entered into two new credit facilities on July 24 and July 27, 2026. The first is a $177.5 million facility secured by Airbus aircraft for general corporate purposes, with quarterly amortizing payments starting in July 2027 over five to six years. The second amends an existing PDP Facility Agreement with Runway Seven Lender LLC, providing up to $231,028,700 to finance pre-delivery payments for Boeing aircraft, maturing March 31, 2028. Additionally, the company borrowed $132.0 million under a previously reported $176.0 million facility secured by Boeing 737-MAX aircraft, which is now fully drawn to finance recent deliveries. Allegiant Travel Company operates in the airline industry, providing low-cost leisure travel services.