Allegiant to absorb Sun Country's Amazon cargo business [Yahoo! Finance]
Sun Country Airlines Holdings, Inc. (SNCY)
Company Research
Source: Yahoo! Finance
Travel Co., signaling the retailer giant's interest in maintaining their cargo flying partnership, executives for the two low-cost carriers said Monday. Sun Country Airlines ( NASDAQ: SCNY ) will be acquired by Allegiant ( NASDAQ: ALGT ) in a cash-and-stock transaction worth about $1.5 billion, including $400 million in debt, that will create one of the largest leisure-focused airlines, the companies announced Sunday afternoon. The combined company will gain flexibility with increased capacity to meet vacation demand during peak travel seasons, while leveraging year-round charter and cargo business that provide consistent revenue and stable crew and aircraft utilization, according to the announcement. Sun Country flies 20 Boeing 737-800 converted freighter aircraft in Amazon's air logistics network. It started providing outsourced airlift with a dozen jets in early 2020 as part of a strategy to diversify its highly seasonal business flying passengers to sun-and-fun destinations.
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SNCY
News
- Sun Country Airlines Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sun Country Airlines Holdings, Inc. - SNCYBusiness Wire
- Shareholder Alert: The Ademi Firm investigates whether Sun Country Airlines Holdings, Inc. is obtaining a Fair Price for its Public ShareholdersPR Newswire
- Sun Country Airlines (NASDAQ:SNCY) had its "neutral" rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $19.00 price target on the stock, down previously from $22.00.MarketBeat
- Popular budget airline to buy rival in $1.5 billion deal [Yahoo! Finance]Yahoo! Finance
- Why Sun Country Airlines Stock Climbed Today [Yahoo! Finance]Yahoo! Finance
SNCY
Earnings
- 10/29/25 - Beat
SNCY
Sec Filings
- 1/14/26 - Form 4
- 1/14/26 - Form 4
- 1/14/26 - Form 4
- SNCY's page on the SEC website