Allegiant Travel Company to Acquire Sun Country Airlines in $1.5 Billion Deal

WestJet Group (Pending Regulatory Approval) to Acquire Sunwing Airlines

March 2, 2022

Transportation

WestJet signed an agreement to acquire Sunwing Airlines, pending regulatory approval. CUPE 4070, representing nearly 4,000 WestJet cabin crew members, said employees were informed of the deal and highlighted uncertainty for Sunwing employees as well as concerns around collective agreement rights across both companies.

FlyHouse to Acquire Sun Air Jets

October 15, 2025

Transportation

FlyHouse has entered into a definitive agreement to acquire Sun Air Jets, a Southern California aircraft management and charter operator. The deal is intended to expand FlyHouse’s maintenance, management, and operational capabilities, including adding FAA Part 145 Repair Station certification and expanding facilities and fleet capacity at West Coast airports.

JetBlue Airways to Acquire Spirit Airlines

June 27, 2022

Transportation

JetBlue is acquiring Spirit Airlines for $33.50 per share in cash, valuing the deal at about $3.8 billion equity (and $7.6 billion adjusted enterprise value). The offer includes an accelerated $2.50 per-share prepayment upon Spirit shareholder approval and a $0.10 per-month “ticking fee” beginning January 2023, along with an increased $400 million reverse break-up fee.

Alaska Airlines Completes Acquisition of Hawaiian Airlines

September 18, 2024

Transportation

Alaska Air Group completed its acquisition of Hawaiian Holdings (Hawaiian Airlines) in an all-cash deal valued at about $1.9 billion. The combination expands Alaska’s network across the Pacific and enhances guest benefits by integrating loyalty, lounges, and future unified operations while preserving both airline brands.

Spirit Airlines and Frontier Group Announce Merger to Form Ultra-Low Fare Airline

February 7, 2022

Transportation

Spirit Airlines and Frontier Group Holdings (parent of Frontier Airlines) entered into a definitive merger agreement to combine their businesses and create an ultra-low fare airline. The amended terms increased Frontier’s cash consideration to Spirit shareholders and raised the reverse termination fee, with the deal still subject to customary regulatory and stockholder approvals.

Sunworks, Inc. Acquires Solcius, LLC

April 13, 2021

Renewable Energy

Sunworks, Inc. (NASDAQ:SUNW) agreed to acquire privately held Solcius, LLC in an all-cash transaction valued at $51.8 million (cash-free, debt-free), combining Sunworks' commercial and utility capabilities with Solcius' residential installation platform. The deal creates a national solar provider with a presence in 12 states and pro forma 2020 revenue of approximately $131.5 million, with Sunworks expecting synergies and near-term profitability post-integration.