US EditionUS DOT Approves Allegiant-Sun Country Common Ownership
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Allegiant/Sun Country merger approved by regulators
The merger between Allegiant Air and Sun Country Airlines has been approved by the US Department of Transportation (DOT), meaning the deal could close as early as 13 May. Announced in January, the proposal will see both airlines operate as separate carriers under common ownership. Once closed, the low-cost carriers (LCC) will work on achieving a single operating certificate (SOC), looking at consolidating routes and business models. This is expe…
Allegiant Moves Closer to Sun Country Acquisition After DOT Approval - The Bulkhead Seat
As I first wrote about back in January, Allegiant is working to acquire Sun Country Airlines. This received US antitrust clearance in March and this week the two carriers have taken a major step toward completing their proposed merger by announcing that the US Department of Transportation (DOT) has approved their joint interim exemption application. The approval allows both airlines to continue operating as separate carriers under common ownersh…
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