Allegiant Travel Secures $231M Financing for Boeing Aircraft
Allegiant Travel Company has amended a major financing facility for Boeing aircraft. The company entered into an agreement on July 27, 2026, with Runway Seven Lender, a subsidiary of Carlyle Aviation, to secure a $231 million loan commitment. This undrawn full-recourse loan will finance pre-delivery payments (PDPs) for Boeing aircraft under an existing purchase agreement.
The loans have a maturity date of March 31, 2028 and are secured by a first-priority collateral assignment of the Boeing purchase agreement. The interest rate is based on one-month Term SOFR. This new financing arrangement supplements Allegiant's existing $176 million facility secured by Boeing 737 MAX aircraft.
In July 2026, Allegiant also entered into an undrawn credit facility of up to $177.5 million secured by Airbus aircraft. The company utilized the full amount of a previously reported $176 million facility secured by Boeing 737 MAX aircraft in July 2026. This financing strategy reflects Allegiant's increasingly leveraged approach to fleet and growth financing.