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-   -   Atlas to be sold? Hmmm... (https://www.airlinepilotforums.com/atlas-polar/138800-atlas-sold-hmmm.html)

RyeMex 08-02-2022 03:36 AM


Originally Posted by ERJFO (Post 3471411)
Sun Country was IPO'd a year and a half ago. Apollo no longer owns it or has a controlling position.

Yeah. I don’t really see a Atlas/Sun Country merger in the works. Also, it seems like Atlas isn’t really interested in growing a relationship with Amazon beyond what we already have. All that said, is the acquisition takes place, hopefully it can benefit the Atlas pilot group as much as it had for Sun Country.

phrogpi 08-02-2022 06:11 AM


Originally Posted by ERJFO (Post 3471411)
Sun Country was IPO'd a year and a half ago. Apollo no longer owns it or has a controlling position.

Apollo is still the majority stock holder in Sun Country.

Rhdicjkwso 08-02-2022 07:30 AM


Originally Posted by phrogpi (Post 3471481)
Apollo is still the majority stock holder in Sun Country.

42%. Compared to indigo owning something like 80% of Frontier still.

https://finance.yahoo.com/quote/SNCY/holders/

dera 08-02-2022 07:44 AM


Originally Posted by phrogpi (Post 3471481)
Apollo is still the majority stock holder in Sun Country.

Not majority, but likely controlling.

C17B74 08-02-2022 09:02 AM

Just totally spitballing while this subject matter is fluid at best. Maybe Atlas just sells off the 73 side to Sun Country/Apollo/whoever for their growth with Amazon while we ever so slowly continue to pull away from them - Or maybe not for diversification. Bigger planes and proven bigger gains to be had in other markets rather than skimming for the Amazon troughs of minimal margins. Bring on more 777s, Airbus whatever or pax(Charter Only) birds as needed. Stay away from pax business, stick with charter if you must for the big money runs. Do what we do best for the cash cow, tailor made long haul cargo. Once again, just spitballing the other direction with focus on how we stand apart.

*Add an industry competitive retirement plan, creative schedules and comparable wages to match as the others leap frog each other and attrition would not be an issue. Just saying the obvious, it’s a no brainer.

TiredSoul 08-02-2022 09:22 AM

Bring on 77 pax planes, get rid of the 76/73 fleet.
Grow AMC/VIP pax flying.
Buy Omni.

RyeMex 08-02-2022 09:26 AM


Originally Posted by TiredSoul (Post 3471598)
Bring on 77 pax planes, get rid of the 76/73 fleet.
Grow AMC/VIP pax flying.
Buy Omni.

I find it doubtful that ATSG would sell Omni, particularly given the fact that they acquired it so recently.
My understanding is that we generate a lot of revenue from the 767 AMC flying, so I don't think we would see that fleet disappear. The 737s fate is anyone's guess.
But, what do I know.

TiredSoul 08-02-2022 09:33 AM


Originally Posted by RyeMex (Post 3471602)
I find it doubtful that ATSG would sell Omni, particularly given the fact that they acquired it so recently.
My understanding is that we generate a lot of revenue from the 767.

Double the load, half the flights with a 77.

Radials Rule 08-02-2022 09:47 AM


Originally Posted by TiredSoul (Post 3471605)
Double the load, half the flights with a 77.

Many of the 767 flights’ pax load won’t even fill a 737. The Whale is doing very little AMC pax flying. AMC is inefficient, but not so much that they would want the 777 flying 60 pax to the ME.

TiredSoul 08-02-2022 10:22 AM

This news may very well cause a run for the door by the people that were already on the fence.
I doubt DL or UA would announce a surprise take over.


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