Allegiant Travel draws $177.5 million under aircraft-secured credit facility
ALGT•Allegiant Travel borrowed $177.5 million on October 13, 2026, fully drawing an aircraft-secured credit facility. The fixed-rate loans will fund aircraft deliveries and general corporate purposes, with quarterly amortization beginning in July 2027.
1. Credit facility draw
Allegiant Travel borrowed $177.5 million on October 13, 2026, fully drawing an aircraft-secured credit facility. The fixed-rate loans amortize quarterly beginning in July 2027 and have terms of five to six years. Before the end of the third quarter, a subsidiary also borrowed $71.8 million under a $231 million facility for Boeing 737-MAX pre-delivery payments; $159.3 million remains undrawn, and repayment is due by aircraft delivery, no later than March 31, 2028.
