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The merger of Allegiant Airlines with Sun Country Airlines will result in a formidable airline offering more than 650 routes, including 18 international destinations across Mexico, Canada, the Caribbean, and Central America.
WASHINGTON — Allegiant Airlines, a major player in the low-cost aviation sector in the United States, announced on Sunday its plans to merge with Sun Country Airlines, aiming to establish a “leading leisure-focused U.S. airline.”
This newly formed airline will boast a network of over 650 routes, with at least 18 leading to international destinations such as Mexico, Canada, the Caribbean, and Central America. The merger promises to expand nonstop services to favorite vacation destinations, enhancing travel options for leisure travelers, according to their joint statement.
The collaboration between Allegiant and Sun Country is set to create a highly adaptable and resilient airline model, capable of swiftly adjusting to evolving market dynamics, passenger demands, and the needs of charter and cargo partners.
Until the merger is finalized, there will be no changes to existing tickets, flight schedules, or the Sun Country brand. Travelers can continue to book and fly with both Allegiant and Sun Country as usual. The transaction is anticipated to conclude in the latter half of 2026.
The combined airline will have roughly 195 aircraft, with 30 on order and an additional 80 options, the companies said.
“Together, our complementary networks will expand our reach to more vacation destinations including international locations,” Allegiant CEO Gregory C. Anderson said. “With our combined strengths– including operational excellence, consistent profitability, strong balance sheets, and fleet ownership, we will create an even more resilient and agile airline that delivers greater value to travelers, partners, Team Members, shareholders, and the communities we serve.”
“We are two customer-centric organizations, deeply committed to delivering affordable travel experiences without compromising on quality,” Sun Country President & CEO Jude Bricker said.
Allegiant will acquire Sun Country in a cash and stock transaction at $18.89 per Sun Country share. All Sun Country shareholders will get 0.1557 shares of Allegiant common stock and $4.10 in cash for each Sun Country stock owned, the press release said.
The deal is valued at roughly $1.5 billion, including Sun Country’s $400 million debt.
Once the deal is closed, the combined company will be headquartered in Las Vegas but will keep a “significant presence” in Minneapolis-St. Paul where Sun Country is based, the companies said.
