Allegiant Air to acquire Sun Country Airlines in $1.5B deal

LAS VEGAS (AP) — Allegiant Air said it will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including debt, in a move combining two low-cost U.S. carriers focused on leisure travel. Executives at both carriers said their route networks complement each other and that the larger airline would increase affordable […]
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