The first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. Register now for FREE unlimited access to Reuters.com RegisterAllegiant's shares fell more than 8% on Wednesday after the company confirmed plans, first reported by Reuters, to buy 737 MAX 7 and 737 MAX 8-200 jets. The Boeing order marks a stark change of approach by the fast-growing domestic carrier, which had previously relied mainly on used Airbus aircraft. The company said its "bias" would be to finance and own the Boeing aircraft as it has the financial ability to make the deal. Allegiant will buy 30 737 MAX 7 aircraft and 20 737 MAX 8-200 aircraft.

Source: Ethiopian News January 07, 2022 02:13 UTC