Allegiant to Expand Board Following Sun Country Acquisition

New additions include Sun Country’s current CEO and board chair.

An Allegiant 737 MAX at Boeing Field.
An Allegiant 737 MAX at Boeing Field. (Photo: AirlineGeeks | Katie Zera)
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Key Takeaways:

  • Allegiant's board will expand to 11 members, including Sun Country CEO Jude Bricker, board chair Jennifer Vogel, and board member Thomas Kennedy, following the merger.
  • Allegiant is acquiring Sun Country in a cash-and-stock deal valuing the latter at $18.89 per share, with the transaction potentially closing by May 13.
  • The combined airline expects to serve 22 million customers annually across nearly 175 cities, having received DOT approval to operate separately until a single FAA certificate is obtained.
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Three top officials at Sun Country will join Allegiant’s board of directors once the airlines’ merger closes later this year.

Allegiant announced this week that its board will grow from eight to 11 members with the planned addition of Jude Bricker, Jennifer Vogel, and Thomas Kennedy.

Bricker serves as Sun Country’s president and CEO, and Vogel as the carrier’s board chair. Kennedy, president and CEO for North America at SIXT Rental Car, is also a member of Sun Country’s board.

Allegiant is set to acquire Sun Country in a cash-and-stock deal valuing Sun Country at $18.89 per share. The combined airline would serve about 22 million customers annually and operate in nearly 175 cities.

The partners recently won approval from the U.S. Department of Transportation to continue operating as separate entities under common ownership after the merger is complete. The exemption will allow for continuity in operations until the airlines obtain a single operating certificate from the FAA.

Allegiant officials have said the transaction could close as soon as May 13.

“We are excited to welcome these accomplished leaders to Allegiant’s board upon closing,” Allegiant CEO Gregory Anderson said in a news release. “Their experience and perspective will be valuable as we continue building a stronger, differentiated airline that better serves the communities and customers across our combined network.”

Allegiant’s board is headed by Maurice J. Gallagher, who has served as chairman since 2006. He formerly served as CEO.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of commercial aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.
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