Allegiant Travel Company announces forward purchase of four A320 aircraft

Allegiant Travel Company has entered into an agreement to purchase four additional A320 aircraft. The aircraft are currently being operated in Europe and are scheduled to enter the Allegiant operating fleet in 2017. These aircraft are expected to begin service in the second half of 2017. The purchase of the aircraft will take place upon delivery in 2017 and will not impact 2015 CAPEX, which is still expected to be US$175 to US$185m.