Allegiant to acquire Sun Country in $1.5B merger
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Peter Frosch, CEO of Greater MSP, said Allegiant’s acquisition of Sun Country is a demonstration of the hometown airline’s innovative business model. Though a headquarters leaving for any reason is never attractive, he said the move could benefit Minnesota travelers and local quality of life if more routes indeed become available.
A surprising acquisition shakes up the airline industry, with one carrier gaining a strategic foothold in a key market.