Originally Posted by
disco inferno
The silence from management has been deafening lately. The subtle hints during down halls about Sun Country were sending either meant to confuse or inform, but I doubt were an accident. There has been a lack of any major announcements or any significant expansion lately. Either Allegiant has plateaued or something big is in the works.
https://www.usatoday.com/story/trave...oup/954782001/
“EAGAN, Minn. (AP) — Eagan-based Sun Country Airlines is being sold to a New York-based investment group.
Apollo Global Management will purchase the airline for an undisclosed amount.
Current owners Mitch and Marty Davis say they decided to sell Sun Country to a group that could help the company grow faster.
MORE: Sun Country sets new baggage fees
Sun Country’s headquarters will stay in Minnesota. Jude Bricker will remain president and chief executive.
The Star Tribune of Minneapolis reports the deal is expected to close in the first quarter of 2018.
Sun Country’s flights are anchored at Minneapolis-St. Paul International Airport and are primarily set up for leisure travelers to reach warm-weather destinations, including resorts in Mexico, Central America and the Caribbean.
The Davis brothers also own Cambria, Davis Family Dairies and Cambria Mortgage and Title. They bought Sun Country in 2011.”