These 2 Budget Airlines Just Announced a Major Merger—Amazon's Involved, Too
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3 Articles
Two Low-Fare Airlines Plan to Merge. Here’s What That Means for You
T The low-fare airline Allegiant will acquire low-fare competitor Sun Country Airlines in a merger agreement valued at $1.5 billion, the airlines announced jointly on Sunday. The two carriers cited complementary route networks, the opportunity to expand international service, and other scheduling and frequent flier program synergies as benefits from the proposed acquisition. The airlines will operate as separate brands while the proposed acquis…
What an Allegiant-Sun Country deal could mean for Amazon Prime Air
If Allegiant were to acquire Sun Country Airlines, as announced over the weekend, one of the most immediate questions would be the future of Sun Country’s cargo operation for Amazon Prime Air. The proposed deal is a cash-and-stock transaction valued at about $1.5bn, including debt. Allegiant and Sun Country have indicated that the carriers would continue operating separately until they obtain a joint FAA operating certificate. In practical terms…
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