"Allegiant Air said it will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including debt, in a move combining two low-cost U.S. carriers focused on leisure travel. Executives at both carriers said their route networks complement each other and that the larger airline would increase affordable travel options for passengers. The merged airline will serve about 175 cities with more than 650 routes and a fleet of roughly 195 aircraft, the companies told investors Monday."
""Allegiant and Sun Country have both shown that our leisure-focused, flexible capacity models are strong, thriving and consistently profitable, which gives me great confidence in the potential benefits of combining our organizations," Allegiant CEO Gregory Anderson said. The deal still needs approval from regulators and Sun Country shareholders. It is expected to close in the second half of 2026. The airlines said travelers shouldn't expect any immediate changes and can continue booking and flying with either carrier as they normally do."
Allegiant will acquire Sun Country in a cash-and-stock transaction valued at about $1.5 billion, including debt. The combination merges two low-cost, leisure-focused U.S. carriers with complementary route networks to expand affordable travel options. The merged airline will serve roughly 175 cities across more than 650 routes with a fleet of about 195 aircraft. Travelers should not expect immediate changes to ticketing, schedules, the travel experience, or the Sun Country brand. The combined carrier will operate under the Allegiant name, be headquartered in Las Vegas, retain a significant Minneapolis–St. Paul presence, and continue Sun Country's charter and cargo businesses. Approval by regulators and Sun Country shareholders is required, with closing expected in the second half of 2026. Gregory Anderson will lead as CEO and Jude Bricker will join the board.
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