Las Vegas Carrier Expands Leisure Market Presence Through Acquisition
Allegiant Air, a leisure-oriented carrier, has announced the acquisition of Sun Country Airlines for $1.5 billion in cash and stock. The deal, which includes $400 million of Sun Country Airlines’ debt, has been approved by both airlines’ boards of directors and is expected to be completed by the end of 2026. The combined entity will operate under the Allegiant brand and is set to carry around 22 million passengers per year, with a dual fleet of Boeing and Airbus aircraft. The acquisition was announced by AeroTime.