Allegiant Air acquires Sun Country Airlines

Allegiant Air agreed to acquire Sun Country Airlines. Reported deal value: $1.5B. Status: Pending. Sector: airlines. Target headquarters context: Minneapolis, Minnesota, United States.

This page summarizes publicly available information about the transaction as of 2026-01-12. Figures and status may change as filings and press coverage update.

January 12, 2026 Image: Courtesy of Allegiant Airlines Allegiant and Sun Country Airlines announced a merger agreement under which Allegiant will acquire Sun Country in a cash and stock transaction valued at approximately $1.5 billion , inclusive of $0.4 billion of Sun Country net debt