Allegiant Air CEO defends new Boeing 737 MAX order

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SEATTLE (Reuters) – Allegiant Air executives staged an investor call on Thursday to assuage fears that adding 50 new Boeing (NYSE:BA) Co 737 MAX jets to its fleet of used Airbus jets would undermine the carrier’s cost advantage.

“We are still a used-airplane company. We are still an Airbus company,” Allegiant CEO Maury Gallagher told investors.