Allegiant has exercised options for six Boeing 737-8 aircraft scheduled for delivery in 2028, expanding its firm commitment under a 2021 agreement.
The six aircraft carry a combined list price of more than $720 million, though airlines typically receive substantial discounts. Aviation consultancy IBA estimated their current market value at about $351 million.
The order raises Allegiant’s firm total under the agreement to 56 aircraft, of which 22 have been delivered. The carrier retains options for another 74 jets.
This is an original summary, not a republication of the full report.
Read the original at Reuters ↗
Rivian says it is on schedule to unlock a $250 million Uber investment tranche as production of its R2 compact SUV expands.
Amazon reported its fastest AWS growth in nearly five years while heavy AI investment pushed trailing free cash flow to a $42.4 billion loss.
Salesforce will acquire Rune Technologies to expand Missionforce, its business serving US military and government customers.