Originally Posted by
HPIC
Nothing will get better during a takeover from a company that is known for cutting the fat and selling once everything is trimmed to the minimum expense possible. Everything will get worse until it hits the CBA required limits and then possibly worse from there where the company will force the Union to fight them in court. Don’t forget…management is a bunch of lawyers.
Go to google and input Apollo buyout of Sun Country, and see for yourself what happened to sun country after Apollo bought them.
They did sell part of them, after taking them private. After some time, they went public again. Apollo owns at least 45% of the stock of the now-public Sun Country Airlines.