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Allegiant Air and Sun Country Airlines Announce Merger Agreement

Allegiant Air and Sun Country Airlines have announced a merger agreement in which Allegiant will acquire Sun Country.

Allegiant stated, "the combination will create a leading leisure-focused U.S. airline, expanding service to more popular vacation destinations across the United States, as well as international destinations, and providing more people with access to affordable, convenient air travel."

The acquisition is still subject to U.S. federal antitrust review and other required regulatory approvals.

You can find more information about the acquisition here.