Allegiant Air to acquire Sun Country Airlines in $1.5B deal [Yahoo! Finance Canada]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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ir.allegiantair.com
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Source: Yahoo! Finance Canada
RIO YAMAT 2 min read LAS VEGAS (AP) — 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 e
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ALGT
News
- TEAMSTERS TO MONITOR PROPOSED ALLEGIANT-SUN COUNTRY MERGER [Yahoo! Finance]Yahoo! Finance
- Allegiant Announces Senior Leadership PromotionsPR Newswire
- Frontier Airlines Recruits Ryanair Executive in Ultra-Low-Cost Strategy Push [Yahoo! Finance]Yahoo! Finance
- Allegiant Air and Sun Country Airlines Announce Major Merger in Budget Aviation Shake-Up [Yahoo! Finance]Yahoo! Finance
- Is Allegiant Travel (ALGT) Pricing Look Attractive After Recent Share Price Declines [Yahoo! Finance Canada]Yahoo! Finance Canada
ALGT
Earnings
- 11/4/25 - Miss
ALGT
Sec Filings
- 1/12/26 - Form 8-K
- 1/9/26 - Form SCHEDULE
- 12/9/25 - Form 8-K
- ALGT's page on the SEC website