Allegiant Gains DOJ Antitrust Clearance, Set to Close Sun Country Deal in Q2-Q3 2026
Allegiant and Sun Country announced early termination of the HSR waiting period, securing Department of Justice antitrust clearance for Allegiant’s proposed acquisition of Sun Country. The transaction is expected to close in the second or third quarter of 2026, pending Department of Transportation interim exemption and shareholder approvals.
1. Regulatory Clearance Secured
Allegiant and Sun Country achieved early termination of the HSR waiting period under the Hart-Scott-Rodino Act, securing U.S. Department of Justice antitrust clearance for Allegiant’s proposed acquisition of Sun Country.
2. Closing Conditions and Timeline
The transaction remains subject to an interim exemption from the Department of Transportation and approval by both companies’ shareholders, with closing anticipated in Q2 or Q3 2026.
3. Strategic Benefits and Synergies
Allegiant expects the combined airline to offer a broader leisure network, more nonstop routes and cost synergies, aiming to boost long-term value and customer options.