Business
Allegiant and Sun Country Achieve Key Regulatory Milestone with DOT Approval
Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) today announced that the U.S. Department of Transportation (DOT) has approved the joint interim exemption application of their respective airline subsidiaries that will allow both airlines to continue operating as separate carriers under common ownership after closing, pending further action by the DOT.
About this update from Sun Country Airlines Holdings, Inc.
[{"type":"text","content":"U.S. Department of Transportation Exemption Allows Both Airlines to Continue Operating Under Common Ownership Following Closing ","length":127,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS and MINNEAPOLIS, April 15, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) today announced that the U.S. Department of Transportation (DOT) has approved the joint interim exemption application of their respective airline subsidiaries that will allow both airlines to continue operating as separate carriers under common ownership after closing, pending further action by the DOT.","length":457,"tagName":"p"},{"type":"image","alt":"Allegiant logo","displaySize":"","headline":null,"caption":"Allegiant logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":147,"url":"https://media.zenfs.com/en/prnewswire.com/9a9d35f8d9d9f6617acd904a8a26bb59"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xpp9zX.v15KLCHZWKDBKgg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI1OQ--/https://media.zenfs.com/en/prnewswire.com/9a9d35f8d9d9f6617acd904a8a26bb59","width":400,"height":147}},"href":"https://mma.prnewswire.com/media/486546/AllegiantLogoBlue__NoTagline_2014_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This milestone marks a significant step toward completing Allegiant's previously announced proposed acquisition of Sun Country.","length":131,"tagName":"p"},{"type":"text","content":"Under the terms of the approval, following the closing of the proposed transaction, Allegiant and Sun Country will continue to operate independently, preserving their unique business models, route networks, and customer experiences while advancing toward a single operating certificate. The companies believe this structure will enable both airlines to continue delivering value to customers, employees, and stakeholders while ensuring operational continuity.","length":459,"tagName":"p"},{"type":"text","content":""This approval underscores the strength of our shared vision and the thoughtful approach both teams have taken throughout this process," said Gregory C. Anderson, CEO of Allegiant. "We remain focused on bringing these organizations together in a way that builds on their strengths, while positioning the combined company...