Two U.S. Airlines Set to Merge in Major Air Travel Shakeup

Travelers looking for low-cost airfare options are set to see a big change this year thanks to the merger of two budget airlines. Las Vegas-based Allegiant Airlines announced on Sunday that it plans to acquire the Minnesota-based carrier Sun Country Airlines in a $1.5 billion deal. As The New York Times reports, Allegiant plans to pay for the deal with stock and cash.

“This combination is an exciting next chapter in Allegiant and Sun Country’s shared mission in providing affordable, reliable...