Allegiant Air closes $1.5 billion Sun Country acquisition
Key takeaways
- The transaction received required regulatory approvals and shareholder sign-off from both companies, Allegiant said.
- "Today marks a defining moment in Allegiant's history as we officially join forces with Sun Country to create the leading leisure-focused airline in the United States," Allegiant CEO Gregory Anderson said in a statement.
- For travelers, the transition will be invisible in the short term — each airline keeps its own brand, and passengers use the same booking channels and customer service contacts they always have.
Allegiant Air closes $1.5 billion Sun Country acquisition Quartz · Kevin Carter / Getty Images Cris Tolomia Thu, May 14, 2026 at 7:23 PM GMT+7 3 min read ALGT Allegiant Travel Company completed its acquisition of Sun Country Airlines on Wednesday, closing a $1.5 billion cash-and-stock deal that brings together two low-cost carriers focused on leisure travel.
The transaction received required regulatory approvals and shareholder sign-off from both companies, Allegiant said. Across the merged network, roughly 175 cities and more than 650 routes will be covered by a fleet of 195 aircraft, serving an estimated 22 million passengers a year.
"Today marks a defining moment in Allegiant's history as we officially join forces with Sun Country to create the leading leisure-focused airline in the United States," Allegiant CEO Gregory Anderson said in a statement. "By bringing together two strong airlines with similar business models, we are creating a more differentiated and durable airline."