The new five-year deal is expected to generate $22.8M in revenue for PIE.
Pinellas County Commissioners approved a deal that sets the terms for Allegiant Air to continue operating at St. Pete-Clearwater International Airport (PIE) for another five years.
Under the new terms, Allegiant will pay more for its use of the county-owned airport. The deal is expected to generate roughly $22.8 million for PIE through 2031, about 61% more revenue than the previous arrangement, which was valued at roughly $14.2 million.
County officials say the increase reflects new rates and projected use of the airport. The five-year contract lays out what Allegiant pays to land at PIE and use airport facilities including terminal space, ticket counters, gates, baggage areas and aircraft parking.
The deal also follows a one-year extension of Allegiant’s previous arrangement, which gave airport officials more time to revisit proposed increases to airline user fees.
Some of those higher costs are now reflected in the new terms. Records show Allegiant’s landing fee will start at $1.43 per 1,000 pounds of aircraft weight in Fiscal Year 2027 and gradually increase to $1.48 by Fiscal Year 2031. Facility charges will also rise over the five-year term.
County budget officials indicate the additional revenue will help PIE cover operating costs and support planned capital improvements through at least Fiscal Year 2031.
The new terms are expected to bring the airport about $1 million more in airline revenue next fiscal year than was originally included in the proposed budget. County officials plan to account for that additional revenue before final adoption of the fiscal 2027 budget.
The renewed relationship comes as Allegiant continues to move millions of passengers through PIE. The airline transported about 2.8 million passengers to and from the airport in 2025.
County documents say Allegiant had carried another 1.4 million passengers in 2026 as of the time the proposal was prepared and was serving 65 nonstop destinations from PIE.