All Sun Country Airlines articles – Page 2
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NewsSun Country will buy used aircraft – even if not yet needed
Sun Country Airlines is prepared to buy aircraft – even if it does not yet need them – to meet its goal of having 50 passenger aircraft by the end of 2023.
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NewsSun Country Q2 profit rises to $52m as scheduled service outperforms
Sun Country Airlines posted a $51.8 million profit in the second quarter of 2021 as leisure travel demand in its scheduled service rebounded strongly following the more-than year-long coronavirus crisis in the air transport industry.
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Airline BusinessThe big shift: How the pandemic forced US airlines to revamp networks
Carriers are now deploying jets on numerous new “point-to-point” routes that connect secondary cities to leisure destinations. Such flights bypass major hubs – a strategy departing starkly from that of the heady pre-Covid years, when carriers centralised nearly all their operations at handfuls of major hubs.
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NewsSun Country earns $12.4m profit in first quarter
Sun Country Airlines’ diversified business model – which includes scheduled passenger services, charter flights and freight transport – helped propel the airline to a first-quarter profit.
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Airline BusinessHow Jude Bricker transformed Sun Country on journey to IPO
In four short years, former Allegiant president Jude Bricker has taken the Midwest niche carrier from near-death to a stock market IPO, aided by a well-timed venture into cargo markets with Amazon
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NewsSun Country stock debuts with $1.84 billion valuation
Sun Country Airlines began trading on 17 March under the ticker “SNCY” on Nasdaq priced at $33 per share, higher than its original expectation of $21 to $23 per share, giving the low-cost carrier a market value of $1.84 billion.
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NewsSun Country Airlines files for IPO
US leisure travel specialist Sun Country Airlines has applied to go public, according to a filing with the Securities Exchange Commission (SEC).
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NewsSun Country introduces 16 new direct flights
Leisure specialist Sun Country has introduced 16 new flights, adding nine additional airports to its network in an effort to offer more passengers possibilities to fly direct to popular vacation destinations.
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NewsSun Country to fly cargo for Amazon
Amazon has hired Sun Country Airlines to deliver its packages in Amazon Air-branded aircraft, representing a huge expansion for the Minnesota-based ultra-low cost carrier and promising to represent up to 20% of the airline’s business.
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Sun Country cuts unit costs as growth drive continues
The transformation and expansion of US discount carrier Sun Country continues, with its chief executive saying his airline will expand 35% this year while reducing seat-per-mile costs to less than six cents.
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AnalysisANALYSIS: Sun Country shifts to fleet ownership in cost overhaul
Minnesota-based Sun Country Airlines plans to have at least 40% of its fleet on capital leases or under direct ownership, as it moves away from operating leases under an extensive plan to overhaul costs following a change in ownership earlier this year.
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Sun Country Airlines adds two routes from Dallas/Fort Worth
Sun Country Airlines will add two new nonstop routes from Dallas/Fort Worth.
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Sun Country rolls out loyalty and credit card changes
Sun Country Airlines is overhauling its loyalty and credit card programme, as the airline progresses on an ongoing change of its business model to lower costs.
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Sun Country grows seasonal service in Portland
Sun Country Airlines will grow service from Portland in Oregon, with seasonal service to five cities beginning November.
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Sun Country to drop first class in seat reconfiguration
Minnesota-based Sun Country Airlines will drop first class from its Boeing 737 cabin, as it proceeds with an earlier announced seat densification under a new low-cost strategy.
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David Siegel joins Sun Country
Former airline executive David Siegel has been appointed executive chairman of Sun Country Airlines.
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Sun Country to be sold to private equity firm
Minnesota-based Sun Country Airlines will be sold to funds affiliated with private equity firm Apollo Global Management.
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