Allegiant completes Sun Country takeover

Allegiant has successfully completed its acquisition of rival US-based regional airline Sun Country Airlines Holdings, Inc.

The deal, announced in January, involved taking over the carrier cash and stock transaction at an implied value of $18.89 per Sun Country share.

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“Today marks a defining moment in Allegiant’s history as we officially join forces with Sun Country to create the leading leisure-focused airline in the United States,” said Allegiant CEO Gregory C. Anderson. “With a combined fleet of 195 aircraft serving nearly 175 cities, we are expanding access to affordable, reliable, and convenient travel for the communities that have long been the foundation of our business, while offering customers broader reach and more destinations. By bringing together two strong airlines with similar business models, we are creating a more differentiated and durable airline – one well positioned to deliver lasting value for our customers, team members, and shareholders. I want to recognise Team Allegiant and Team Sun Country, whose dedication and hard work made this day possible.”

Customers can continue to book travel through existing channels, and there are no changes to current reservations, flight schedules, or travel plans. Both airlines will continue to operate as separate carriers in the short term, maintaining their respective brands and loyalty programmes.

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