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Airline Weekly • Gordon Smith, Jay Shabat

Allegiant and Sun Country to Merge as U.S. Low‑Cost Model Faces Pressure

Allegiant and Sun Country are merging as U.S. low‑cost carrier economics weaken, combining two leisure‑focused operators in a move that signals consolidation in the budget segment. The deal arrives amid signs of softer economy/Main Cabin demand flagged by legacy carriers, squeezing yields and margins.

2026-01-18T22:06:55.558309-08:00
AI   Supply Chain   Europe   Aircraft Manufacturing (OEMs)   Export Controls & Trade Compliance   Asia-Pacific (APAC)  
Reuters

South Korea's Lee, Italy's Meloni agree to strengthen cooperation in AI, chips

By Reuters: South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on Monday to expand cooperation in sectors such as artificial intelligence, aerospace, chips and critical minerals, according to the Blue House.

2026-01-18T20:21:05.096214-08:00