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Allegiant Air closes $1.5 billion Sun Country acquisition

By Cris Tolomiaโ€ขQuartz India

The combined carrier will operate 195 aircraft across almost 175 cities, with both brands continuing to run separately in the near term

Allegiant Travel Company completed its acquisition of Sun Country Airlines on Wednesday, closing a $1.5 billion cash-and-stock deal that brings together two low-cost carriers focused on leisure traveโ€ฆ