Highest-materiality recent filing
Allegiant completes acquisition of Sun Country; shareholders get $4.10 cash + 0.1557 ALGT shares
Allegiant acquires Sun Country; each share converted into $4.10 cash + 0.1557 Allegiant shares (ALGT).
Sun Country shareholders approve merger with Allegiant Travel Company
Merger Agreement approved with 43,971,505 votes for (99.9% of shares voting) and 32,926 against.
Sun Country and Allegiant disclose merger-related lawsuits and supplemental proxy disclosures
Two lawsuits filed in New York Supreme Court on Apr 16-17, 2026 challenging the Sun Country-Allegiant merger, plus demand letters from stockholders.
Allegiant and Sun Country receive DOT approval; merger close expected as early as May 13
DOT granted interim exemption allowing both airlines to operate under common ownership pending closing.
Allegiant and Sun Country receive early termination of HSR waiting period for proposed merger
HSR antitrust waiting period terminated early by DOJ; deal now expected to close in Q2 or Q3 2026.
Q4 2025 total revenue $281.0M (record); GAAP diluted EPS $0.15, adjusted diluted EPS $0.17.
Allegiant to acquire Sun Country for $18.89/share ($4.10 cash + 0.1557 ALGT shares)
Total implied consideration of $18.89 per Sun Country share: $4.10 cash plus 0.1557 Allegiant shares.
Sun Country Q3 2025: record revenue $255.5M, adj. EPS $0.07, cargo transforms
Revenue $255.5M (Q3 record, +2.4% YoY); adjusted diluted EPS $0.07 vs $0.06 prior.
Sun Country appoints D. Torque Zubeck as SVP & CFO effective Sept 2, 2025
Zubeck has 30+ years finance experience, including CFO of Mesa Airlines and 20 years at Alaska Airlines.
Sun Country Q2 net income triples to $6.6M, revenue record $264M; cargo revenue up 37%
GAAP diluted EPS $0.12 vs $0.03, adjusted diluted EPS $0.14 vs $0.06.
Sun Country reports record Q1 revenue of $327M; adjusted EPS $0.72
GAAP diluted EPS $0.66, adjusted diluted EPS $0.72; revenue $327M (record) up 4.9% YoY.
Sun Country Airlines CFO and COO resign; interim leaders appointed
Dave Davis stepped down as President, CFO, and board member on April 16, 2025.
Sun Country enters co-brand credit card agreement with Synchrony Bank; launch expected Q4 2025
New co-brand credit card program with Synchrony Bank; subsidiary Sun Country, Inc. is party.
Sun Country lowers Q1 2025 revenue guidance to $325-330M; margin at low end of 17-21%
Total revenue guidance reduced to $325-330M from $330-340M.
Apollo affiliate sells all 6.35M shares of Sun Country; company buys back 630,914 shares
Selling Stockholder (Apollo affiliate) sold 6,346,105 shares of SNCY common stock in secondary offering; company received no proceeds.
Sun Country Q4 record revenue $260.4M, EPS $0.24; guides Q1 rev $330-340M
Q4 total revenue $260.4M (+6.1% YoY), highest Q4 on record; GAAP op income $26.1M (10.0% margin).
Sun Country Q3 2024: Revenue $249M record, EPS $0.04; Q4 guidance $250-260M
Revenue $249.5M (+0.2% YoY), highest third quarter ever; GAAP diluted EPS $0.04, adjusted EPS $0.06.
Sun Country Q2 GAAP EPS $0.03, revenue $254M, down 2.6% YoY
GAAP diluted EPS $0.03, adjusted diluted EPS $0.06; net income $1.8M vs $20.6M YoY.
Sun Country expands Amazon cargo deal: up to 20 aircraft, term to 2030 with options to 2037
A&R ATSA adds up to 8 Boeing 737-800BCF aircraft, increasing Amazon cargo fleet from 12 to 20.
Sun Country Q1 revenue $311M record; Q2 op margin guided 4-7% vs 15% year ago
Q1 revenue $311.5M (+5.9% YoY); GAAP diluted EPS $0.64 flat; adj. diluted EPS $0.66 (down $0.02).
Sun Country Airlines Q4 revenue record $245.5M; FY2023 revenue tops $1B
Q4 total revenue $245.5M (+8.1% YoY); FY2023 revenue $1.05B (+17.3% YoY) – both records.
Apollo affiliate launches 4M-share secondary offering; Sun Country to repurchase $5M
Secondary offering of 4,000,000 shares by affiliate of Apollo Global Management; underwriters have 30-day option for additional 600,000 shares.
Sun Country Q3 revenue record $249M (+12.3% YoY); adjusted diluted EPS $0.14 (+16.7%)
GAAP operating income $19M, operating margin 7.6%; adjusted operating margin 8.1%.
Sun Country Q2 record revenue $261M, adj. EPS $0.40, board adds $30M buyback
Record Q2 revenue of $261M, up 19.2% YoY; GAAP operating margin 13.6%, adj. 15.3%.
Sun Country Q1 record revenue $294M; adjusted EPS $0.68 vs $0.20 YoY
Revenue $294.1M (record), up 29.8% YoY; net income $38.3M vs $3.6M YoY.
Sun Country enters $119.2M term loan facility to acquire five Boeing 737-900ER aircraft
Term loan of $119.2M to acquire five Boeing 737-900ER aircraft from an unaffiliated third party.
Sun Country Airlines announces secondary offering and concurrent share repurchase
Selling stockholder (Apollo affiliate) sold 5,250,000 shares in secondary public offering.
Sun Country Airlines Holdings (SNCY) announced a secondary public offering of 5,250,000 shares by an affiliate of Apollo Global Management, with an underwriter option for an additional 787,500 shares.
Sun Country Q4 revenue $227.2M (+31.6% YoY); adj. EPS $0.13; FY22 record revenue $894.4M
Q4 GAAP diluted EPS $0.12; adjusted diluted EPS $0.13; operating margin 6.7%.
Sun Country Q3 revenue up 28% to $222M, GAAP EPS $0.18; authorizes $50M buyback
GAAP net income $10.7M ($0.18 diluted EPS); adjusted EPS $0.12; revenue $221.7M (+28% YoY).
Sun Country Q2 2022 GAAP loss per share $(0.07); revenue up 47% YoY but net loss $3.9M
GAAP diluted EPS $(0.07), adjusted diluted EPS $(0.03); operating income $3.4M, adjusted $3.9M.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
Mr. Bricker resigned as President and Chief Executive Officer of Sun Country.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
each of Marion Blakey, Jude Bricker, Thomas C. Kennedy, Patrick O’Keeffe, Gail Peterson, Kerry Philipovitch, Wendy Schoppert and Jennifer Vogel, the members of the Sun Country Board as of immediately prior to the First Effective Time, ceased to be members of the Sun Country Board and any committees thereunder on which they served.
Effective on April 17, 2025, Gregory Mays, Chief Operating Officer of the Company, stepped down from his role as Chief Operating Officer, but will stay on as an employee of the Company for a mutually agreed timeframe, in order to assist with the transition of his duties and responsibilities.
On April 16, 2025, Dave Davis, President, Chief Financial Officer and member of the board of directors (the “Board”) of Sun Country Airlines Holdings, Inc. (the “Company”), informed the Board that he would be stepping down from his position with the Company and as a member of the Board, effective immediately.
Stephen Coley, the Company’s current Vice President, Technical Operations, will step into an interim role as Head of Operations.
Max materiality 1.00 · Median 0.65 · Most common event earnings