Allegiant Gains Sun Country Route Rights in DOT Approval
The DOT approved the transfer of Sun Country’s international route rights to Allegiant, marking a milestone in their $1.5 billion merger integration.
Jul 15, 20263 min
Business
3 aviation articles tagged “airline acquisition”
The DOT approved the transfer of Sun Country’s international route rights to Allegiant, marking a milestone in their $1.5 billion merger integration.
Lufthansa will increase its stake in ITA Airways to 90% for €325 million, accelerating European airline consolidation pending Q1 2027 approval.
Lufthansa and Air France-KLM submitted bids for a minority stake in TAP Air Portugal, while IAG withdrew, intensifying European airline consolidation.