Together with the facility agent Deka Bank, KfW IPEX-Bank, as co-arranger, has agreed to provide Allegiant Air with commercial financing for three new A320ceo aircraft.
The agreement was finalised on 12 December 2017.
Allegiant Air is a growing low-cost carrier from the US with a strategic focus on less competitive routes within the USA. It primarily serves leisure travellers from smaller US cities. It is owned by the publicly traded Allegiant Travel Company.
The airline's fleet currently consists of 89 airplanes (52 from Airbus) and plans to further increase the number of Airbus planes in its fleet. Allegiant Air aims to become an "all-Airbus A320 family operator" by the end of 2018.