Allegiant Air plans to acquire rival Sun Country Airlines in a merger that would bring together two of America's ultra-low-cost carriers.
In total, the deal values Sun Country at about $1.5 billion, including $0.4 billion of its net debt.
Allegiant Air and Sun Country Airlines Announce Major Merger ...
Allegiant and Sun Country Airlines announce a merger creating a major US leisure airline, combining fleets, routes, and vacation-focused networks.
Spirit Airlines is in talks about a potential takeover with alternative investment firm Castlelake, according to CNBC.
Allegiant Air’s acquisition of Sun Country Airlines brings together two of the most profitable low-cost carriers in the U.S.
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