Sun Country Airlines

History

Early years and bankruptcies (1983–2008)

Sun Country was incorporated on July 2, 1982 and received its certificate of public necessity and convenience from the Civil Aeronautics Board on January 17, 1983. The airline began offering charter service and the first revenue flight took place on January 20, 1983, from Sioux Falls to Las Vegas, using a Boeing 727 aircraft leased from Air Florida. The airline's original staff consisted of 16 pilots, 16 flight attendants, three mechanics, and one office person. Several of the original employees previously worked for Braniff International Airways, which ceased operations on May 12, 1982. The company's founder and first President/CEO was Captain Jim Olsen, who also acted as Chief Pilot. His wife, Joan Smith-Olsen, acted as Chief Flight Attendant and Head of Inflight Operations.

In 1988, its headquarters were located on the grounds of the Minneapolis–Saint Paul International Airport. In 1995, Sun Country began offering scheduled flights from Minneapolis to several major cities. In 2001, the company suspended operations due to financial troubles. In 2006, the airline was acquired by Petters Group Worldwide and Whitebox Advisors.

Following the replacement of interim CEO Jay Salmen by Stan Gadek, former CFO of AirTran Airways, Sun Country nearly went out of business by the Great Recession of 2008 and the revelation that Petters Group Worldwide was operating a $3.25 billion Ponzi scheme. The airline furloughed 45 of its 156 pilots and scaled back its summer schedule due to rising fuel costs. In September 2008 the carrier reduced or eliminated flights to San Francisco and Los Angeles. It also began charging for passengers' first checked bag. At the end of September, Gadek called for a 50% pay deferral to all remaining employees. Tom Petters resigned after an FBI probe discovered that the airline had suffered financial fraud on a massive scale. The airline filed for Chapter 11 bankruptcy protection for the second time on October 6, 2008.

Rebuilding and Davis brothers ownership (2011–2017)

In July 2011, Sun Country was bought out of bankruptcy for $34 million by the Davis family, owners of Cambria, a Minnesota-based countertop company. Cambria CEO Marty Davis became chairman.

In 2015, the Sun Country board hired Zarir Erani as president and CEO. The airline had a net income of $27 million in 2015, followed by a 41% drop to $16 million in 2016.

In July 2017, after more than a year of missed monthly earnings projections, Davis replaced Erani as interim President and CEO. As part of its strategy, Sun Country began to move toward being a "no-frills" airline.

Apollo Global Management ownership (2017–2025)

On December 14, 2017, the Davis brothers announced they would sell the airline to funds affiliated with the New York City-based Apollo Global Management for an undisclosed amount.

On December 17, 2019, Amazon Air bought a minority stake in Sun Country from Apollo, and announced plans for the airline to operate cargo flights under the Amazon Air brand. Sun Country initially operated ten cargo jets for Amazon Air, operating its first cargo flight for Amazon in May 2020.

On March 17, 2021, Sun Country became publicly listed and traded on the NASDAQ under the ticker symbol SNCY.

As of June 2024, Sun Country's cargo fleet operated under contract with Amazon Air had grown to 12 airframes. On June 20, 2024, Sun Country and Amazon Air announced an extension of their contract to 2030. Under this new contract, Amazon Air will transfer an additional eight 737-800BCF aircraft to Sun Country, increasing the airline's cargo fleet to 20 airframes.

In February 2025, Apollo Global sold its remaining shares of the airline in a secondary public offering transaction.

Acquisition by Allegiant Travel Company (2026)

On January 11, 2026, Allegiant Travel Company, parent of Allegiant Air, announced it was buying the airline for around $1.5 billion.

If the deal is approved by federal regulators, Allegiant Air will completely take over Sun Country operations including all employees, routes, aircraft, debt, charter operations, and cargo contracts. The proposed airline will operate under the Allegiant name. Allegiant and Sun Country have stated that the combined company will still maintain a "significant presence" at Minneapolis-Saint Paul International Airport, the current headquarters and operating base for Sun Country.

Corporate affairs

Business trends

Recent key figures for Sun Country Airlines Holdings, Inc. (which include the passenger operations of Sun Country Airlines and its cargo business for Amazon Air) are (years ending December 31):

Services

Sun Country previously offered two classes of service with First Class and Economy seats, but when the airline was sold to Apollo Global Management, it became an ultra low-cost carrier with aircraft operated in an all-economy configuration. Sun Country now offers three variations of economy seats: Best, Exit Row, and Standard.

Sun Country Rewards, the airline's frequent-flyer program, was established in 2018, replacing an older program called Ufly. In 2023, Sun Country was named the best low-cost carrier in North America at the Paris Airshow's World Airline Rankings.

Destinations

Main article: List of Sun Country Airlines destinations

, Sun Country Airlines flies to 81 destinations and operates more than 100 routes throughout the Caribbean, United States, Canada, Mexico and Central America. Many Sun Country destinations are seasonally served as demand grows and falls throughout the year.

The airline additionally provides charter service for the United States Armed Forces and NCAA football teams. The airline has provided charter service to Major League Soccer teams since 2020 and became the league's official carrier in 2022. Sun Country has a number of casino charter contracts.

Interline agreements

Sun Country also has interline agreements with the following airlines:

• China Airlines
• Condor
• Emirates
• EVA Air
• Hawaiian Airlines
• Icelandair

Fleet

Current fleet

, Sun Country Airlines operates an all-Boeing fleet composed of the following aircraft:

Historical fleet

References

References

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6. (January 13, 1983). "Ex-Braniff crew part of new charter airline". [[Minneapolis Star Tribune]].
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42. (February 12, 2025). "Form 10-K".
43. [https://bookonboard.com/sun-country-baggage-fees/ The Sun Country Airlines Baggage Rules], Retrieved August 13, 2021
44. (December 11, 2018). "First Look at Sun Country's New, Smaller Seats".
45. (November 2, 2018). "Sun Country is Overhauling its Rewards Program: What You Need to Know".
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57. "AeroTransport Data Bank".