Allegiant Travel Company (G4) has announced plans to acquire rival leisure carrier Sun Country Airlines (SY) in a $1.5 billion cash-and-stock transaction, including debt, marking one of the most significant consolidation moves among U.S. budget airlines in recent years.
Sun Country Airlines Canada
A Sun Country Airlines (SY) Boeing 737 experienced a fiery engine malfunction shortly after taking off from Los Angeles International Airport (LAX), forcing an emergency landing.
Sun Country Airlines (SY) is set to introduce new nonstop routes to Montréal-Trudeau International Airport (YUL) and Toronto Pearson International Airport (YYZ) in June 2024, pending final approval.