Skift
• Gordon Smith
Allegiant to acquire Sun Country in $1.5B deal to create major U.S. leisure carrier
Allegiant will acquire Sun Country in a $1.5 billion cash-and-stock deal to create a major U.S. leisure airline. The merger consolidates two low-cost leisure operators amid post‑pandemic cost pressures and rising domestic capacity in a fragmented segment that accounts for less than 2% of capacity among top U.S. carriers.