MergerApr 15, 2026, 05:26 PM
Sun Country & Allegiant Receive Key DOT Approval for Merger
AI Summary
Sun Country Airlines Holdings, Inc. and Allegiant Travel Company jointly announced that the U.S. Department of Transportation (DOT) has granted the requested interim exemption for their previously announced merger. This DOT approval is a key condition for the completion of the merger, which involves Sun Country becoming a wholly owned subsidiary of Allegiant. The initial merger agreement was signed on January 11, 2026.
Key Highlights
- Sun Country Airlines and Allegiant Travel Company announced DOT approval.
- The U.S. Department of Transportation granted an interim exemption.
- This approval is a condition for the previously announced Mergers.
- The Merger Agreement was initially entered into on January 11, 2026.