DOT Grants Exemption in Allegiant–Sun Country Deal, Closing Possible May 13
U.S. Department of Transportation granted a joint interim exemption permitting Allegiant and Sun Country to continue operating as separate carriers under common ownership following the proposed acquisition’s closing. This approval satisfies the final regulatory condition, with shareholder votes set for May 8 and closing expected by May 13.
1. Regulatory Exemption Received
DOT granted a joint interim exemption allowing Allegiant and Sun Country to continue separate airline operations under common ownership after closing. This represents the final regulatory hurdle for the acquisition.
2. Remaining Closing Conditions
The exemption satisfies DOT-related approvals, leaving only shareholder votes on May 8 as the remaining closing condition. If approved, the transaction can close as early as May 13.
3. Post-Closing Operational Structure
After closing, both airlines will maintain distinct business models, route networks and customer experiences while advancing toward a single operating certificate under common ownership.