Overview
- Sun Country shareholders would receive 0.1557 Allegiant shares plus $4.10 in cash per share, implying $18.89 and roughly a 19% premium.
- The companies expect to close in the second half of 2026, pending U.S. federal antitrust review, shareholder votes and customary conditions.
- The combined carrier would serve about 22 million annual passengers in nearly 175 cities on more than 650 routes with a fleet of roughly 195 aircraft, plus orders and options.
- Allegiant will remain the public parent based in Las Vegas and plans a significant presence in Minneapolis–St. Paul, with no immediate changes to existing Sun Country bookings.
- Management projects about $140 million in annual synergies by year three, with Sun Country’s freighter operation and Amazon Prime Air agreement adding cargo and charter diversification.