Allegiant Travel Company to acquire Sun Country Airlines Holdings, Inc.

Allegiant Travel Company has agreed to acquire Sun Country Airlines Holdings, Inc. in a strategic acquisition within the Logistics and Transport sector. The transaction, announced on 11 January 2026, was completed on 13 May 2026. Consideration for the deal comprised a mix of cash and shares, though the specific headline offer value was not reported. Both the buyer and the target are based in the United States, marking a domestic consolidation within the aviation industry.

The deal structure involved Allegiant Travel Company purchasing the entire equity of Sun Country Airlines Holdings, Inc. This strategic move expanded the combined entity's operational footprint across the US market. Regulatory approvals were secured to facilitate the finalisation of the transaction. The transaction is now complete and the combined business is operating under the new ownership structure.