MergerApr 15, 2026, 05:11 PM
Allegiant & Sun Country Merger Receives Key DOT Interim Exemption
AI Summary
Allegiant Travel Company and Sun Country Airlines Holdings, Inc. announced that the U.S. Department of Transportation (DOT) has granted the requested interim exemption for their previously announced merger. This approval was a key condition for the completion of the merger, which was initially agreed upon on January 11, 2026. The DOT's decision on April 15, 2026, moves the companies closer to finalizing their merger.
Key Highlights
- Allegiant and Sun Country Airlines received DOT interim exemption.
- Merger Agreement was originally entered into on January 11, 2026.
- DOT approval granted on April 15, 2026.