Allegiant Air Orders CFM LEAP-1B Engines, Signs Service Agreement for Boeing 737 MAX Fleet

January 14, 2022

WEST CHESTER, OH - Allegiant Air announced on January 5, 2022 the purchase of advanced CFM International LEAP-1B engines to power up to 100 Boeing 737 MAX 7 and 737 MAX 8 aircraft scheduled to begin delivery in 2023.

The engine order also includes a service agreement.

Allegiant has been a CFM customer since 2013 and its current fleet of 110 CFM56-powered aircraft. CFM and Allegiant continue to collaborate to enhance operational capability of Allegiant’s current fleet.

“CFM has been a great partner for us. They helped us transform our fleet, providing us with high-quality, reliable engines that allowed us to improve operational efficiency over the years. When we made the decision to purchase new 737s, we knew CFM would be the ideal partner to work with us as our fleet continues to evolve.”

Maurice J. Gallagher, Jr., Allegiant chairman and chief executive officer

“We are honored that Allegiant continues to choose CFM as its engine OEM of choice,” said Gaël Méheust, president and CEO of CFM International. “The LEAP engine will provide the best economics now and support future growth.”
CFM’s advanced LEAP engine continues to set new industry standards for fuel efficiency and asset utilization, logging more than 14 million engine flight hours in commercial operation. The fleet is providing better fuel consumption and lower CO2 emissions, as well as a significant improvement in noise in this thrust class.

The LEAP-1B engine entered into service on the Boeing 737 MAX in 2017. More than 1,460 LEAP-1B engines have been delivered to some 60 operators worldwide and the fleet has logged approximately three million engine flight hours.

About Allegiant Air

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Allegiant's current fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF

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ABOUT CFM INTERNATIONAL

CFM International is a 50/50 joint company between GE and Safran Aircraft Engines. For more information, visit us on the Web at www.cfmaeroengines.com or follow us on Twitter @CFM_engines

Contact

Jamie Jewell,

+1 513 885 2282,

jamie.jewell@ge.com

Charles Soret,

+33 6.31.60.96.79,

charles.soret@safrangroup.com

Nick Hurm,

+1 513 484 4450,

nick.hurm@ge.com