Allegiant and Sun Country receive DOT approval; merger close expected as early as May 13

Sun Country Airlines Holdings, Inc.

DOT granted interim exemption allowing both airlines to operate under common ownership pending closing.
Regulatory condition now satisfied; last remaining condition to closing removed.
Allegiant and Sun Country have scheduled shareholder meetings for May 8, 2026.
Closing is expected to occur as early as May 13, 2026, subject to shareholder approval.
Under the DOT approval, both airlines will continue operating independently with separate business models.

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