© Allegiant has closed the acquisition of Sun Country Airlines

Allegiant completes Sun Country acquisition

Allegiant Travel Company (Allegiant) has finalised its acquisition of Sun Country Airlines Holdings, creating a larger leisure-focused airline group in the United States. The deal closed following shareholder approval and the receipt of all required regulatory clearances. The combination brings together two low-cost carriers with complementary business models, expanding the group’s network to nearly 175 […]

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Allegiant and Sun Country Airlines to Combine

Allegiant and Sun Country Airlines sign definitive merger agreement

Financial

Allegiant and Sun Country Airlines have announced a definitive merger agreement under which Allegiant will acquire Sun Country in a combined cash and share transaction valuing the airline at approximately US$1.5 billion, including US$0.4 billion of net debt. The implied value is US$18.89 per Sun Country share. Under the terms of the agreement, Sun Country

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Allegiant and IBT ratify dispatchers contract agreement

Other News

Allegiant and the International Brotherhood of Teamsters (IBT), representing Allegiant dispatchers, have ratified a new contract agreement on a two-year extension to the union’s initial collective bargaining agreement. The tentative agreement, announced on May 3, 2023, was ratified by the Allegiant flight dispatchers with a 95.8% approval vote. Allegiant currently employs 50 flight dispatchers, coordinators and instructors. “We

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Allegiant completes Sun Country acquisition

Allegiant and Sun Country Airlines sign definitive merger agreement

Allegiant and IBT ratify dispatchers contract agreement

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