Allegiant purchases 12 new Airbus A320ceo aircraft

Allegiant (NASDAQ: ALGT) has signed an agreement to purchase 12 new, current engine option Airbus A320 aircraft, the company said.

Allegiant said it selected the CFM engine type for the aircraft in this agreement. The aircraft are expected to enter service between 2017 and 2018, and brings Allegiant a total of 77 Airbus aircraft either in service or committed for future delivery.

Las Vegas-based Allegiant links travelers in small cities to leisure destinations, and offers low fares on its all-jet fleet.