Sun Country Airlines

Cirium’s Airfare Data Shows Increases in Economy Airfares in 2023 in North America and Europe With a Decrease in Transatlantic Business Class Fares

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Air, Data Analytics, Transport, Aerospace, Manufacturing, Breeze Airways, Alaska Airlines, Southwest Airlines, Avelo Airlines, Tax, Spirit Airlines, Transatlantic, Bureau, Lufthansa, Aviation, Allegiant Air, Frontier Airlines, Air France, JetBlue, Aircraft, Sun Country Airlines, Delta Air Lines, Airline

Economy airfare has generally increased since 2023 in North America and Europe, but lower than the U.S. inflation rate.

Key Points: 
  • Economy airfare has generally increased since 2023 in North America and Europe, but lower than the U.S. inflation rate.
  • The average U.S. domestic airfare by the 13 airlines was $179.25 in 2023, an increase of 9% since the 2019 average of $164.63.
  • The average transatlantic economy fare in 2023 was $435.17, compared to $410.75 in 2022 and $381.08 in 2019.
  • However, Cirium data indicates that transatlantic business class airfare is 3% lower compared to 2019, with December 2023 business class fares 7% lower compared to December 2019.

Sun Country Airlines Will Participate in the J.P. Morgan Industrials Conference

Retrieved on: 
Wednesday, March 6, 2024
Sun Country Airlines, Conference

MINNEAPOLIS, March 06, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) President and Chief Financial Officer Dave Davis will present at the J.P. Morgan Industrials Conference on Tuesday, March 12 at 2:50PM EST.

Key Points: 

MINNEAPOLIS, March 06, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) President and Chief Financial Officer Dave Davis will present at the J.P. Morgan Industrials Conference on Tuesday, March 12 at 2:50PM EST.

Sun Country Airlines Extends its Fall Booking Schedule

Retrieved on: 
Tuesday, February 20, 2024
Sun Country Airlines, MHT, ATL, Golf, MSP, Austin–Bergstrom International Airport, Airport, Tea, Country, MRY, Snack, Sun, Water, Hartsfield–Jackson Atlanta International Airport, Coffee, Monterey Regional Airport, Manchester–Boston Regional Airport, Central Coast, Travel, Airline

MINNEAPOLIS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) is extending its selling schedule through December 10, 2024, allowing customers to book fall travel including Thanksgiving and Minnesota’s popular Oct. 17-20 school break long weekend.

Key Points: 
  • MINNEAPOLIS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) is extending its selling schedule through December 10, 2024, allowing customers to book fall travel including Thanksgiving and Minnesota’s popular Oct. 17-20 school break long weekend.
  • In addition, Sun Country has bolstered its schedules to leading travel destinations starting later this summer.
  • Sun Country will add limited service to Austin-Bergstrom International Airport (AUS) and Hartsfield-Jackson Atlanta International Airport (ATL) beginning in March 2024.
  • Sun Country also provides free in-flight entertainment to our guests’ devices and complimentary beverages including water, coffee, tea, juices, and soda.

Manchester-Boston Regional Airport Welcomes Sun Country Airlines with Nonstop Service from/to Minneapolis, Minnesota

Retrieved on: 
Tuesday, February 20, 2024
Sun Country Airlines, MHT, Weather, MSP, Minneapolis–Saint Paul, Boeing, Airport, Manchester–Boston Regional Airport, Travel, Partnership, Airline

MANCHESTER, N.H., Feb. 20, 2024 /PRNewswire/ -- Manchester-Boston Regional Airport (MHT) is excited to welcome Sun Country Airlines to New Hampshire with exclusive nonstop service to Minneapolis-St. Paul International Airport (MSP) starting August 22, 2024.

Key Points: 
  • MANCHESTER, N.H., Feb. 20, 2024 /PRNewswire/ -- Manchester-Boston Regional Airport (MHT) is excited to welcome Sun Country Airlines to New Hampshire with exclusive nonstop service to Minneapolis-St. Paul International Airport (MSP) starting August 22, 2024.
  • Manchester-Boston Regional Airport welcomes Sun Country Airlines with Nonstop Service from/to Minneapolis, Minnesota
    Sun Country is MHT's sixth airline and will offer the only nonstop service from New Hampshire to Minnesota.
  • "Today's announcement by Sun Country Airlines is a huge win for Manchester-Boston Regional Airport," said Airport Director Ted Kitchens, A.A.E.
  • We are grateful for this incredibly exciting addition to our airport and look forward to a long and successful partnership with Sun Country Airlines!"

Sun Country Airlines Will Participate in the Barclays 41st Annual Industrials Select Conference

Retrieved on: 
Thursday, February 15, 2024
EST, Sun Country Airlines, Conference

MINNEAPOLIS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) President and Chief Financial Officer Dave Davis will participate in a fireside chat at the Barclays Industrials Conference on Thursday, February 22, at 2:25 p.m. EST.

Key Points: 

MINNEAPOLIS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) President and Chief Financial Officer Dave Davis will participate in a fireside chat at the Barclays Industrials Conference on Thursday, February 22, at 2:25 p.m. EST.

Sun Country Airlines Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 31, 2024
EPS, Growth, GAAP, Sun Country Airlines, Amazon, Marketing, ASMS, Aviation, Boeing 737 Next Generation, CASM, Aircraft, Airline

MINNEAPOLIS, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) (NASDAQ: SNCY) today reported financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • For the fourth quarter of 2023, the Company reported total revenue of $245.5 million, which was 8.1% more than the fourth quarter of 2022.
  • The fourth quarter 2023 total fare per passenger of $156.39 was less than fourth quarter 2022 by 11.8% while scheduled load factor of 84.7% was little changed versus last year.
  • In the fourth quarter of 2023, cargo revenue was $25.3 million, a 3.6% increase versus the fourth quarter of 2022.
  • This combination drove adjusted CASM(3) in the fourth quarter lower by 2.2% versus the fourth quarter 2022.

Sun Country Airlines announces new nonstop service from Minneapolis to Cleveland

Retrieved on: 
Wednesday, January 24, 2024
Philadelphia International Airport, MSP, Minneapolis–Saint Paul, CVG, Country, PHL, CLE, International airport, Sun Country Airlines, Travel, Water, Coffee, Snack, Cleveland Hopkins International Airport, Airport, DFW, Tea, Airline

MINNEAPOLIS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) will launch new nonstop service to Cleveland Hopkins International Airport (CLE) from Minneapolis-St. Paul International Airport (MSP) beginning in May.

Key Points: 
  • MINNEAPOLIS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) will launch new nonstop service to Cleveland Hopkins International Airport (CLE) from Minneapolis-St. Paul International Airport (MSP) beginning in May.
  • “As the leading leisure airline in Minneapolis-St. Paul, we’re excited to add Cleveland to our expanding network,” said Grant Whitney, Sun Country Airlines Chief Revenue Officer.
  • “We have been wanting to serve Cleveland for some time, and our schedule for Cleveland will operate when our customers want to travel.
  • Paul.”
    Cleveland joins 98 other airports that Sun Country will serve non-stop from MSP in 2024.

Sun Country Airlines Will Hold Its Fourth Quarter and Full Year 2023 Earnings Conference Call February 1

Retrieved on: 
Friday, January 19, 2024
Sun Country Airlines

MINNEAPOLIS, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) will hold its fourth quarter and full year 2023 earnings call on Thursday, February 1, 2024, at 8:00 a.m. Eastern Time.

Key Points: 
  • MINNEAPOLIS, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines ( NASDAQ: SNCY ) will hold its fourth quarter and full year 2023 earnings call on Thursday, February 1, 2024, at 8:00 a.m. Eastern Time.
  • To access the live call and subsequent replay, interested investors and other parties can log on to the Sun Country investor relations website at https://ir.suncountry.com/news-events/events-and-presentations .
  • They may also access the call by clicking on the link here which will provide a dial-in.

Sun Country Teamsters to Picket for Fair Contract, Better Wages

Retrieved on: 
Wednesday, January 10, 2024
Multimedia, Sun Country Airlines, Minneapolis–Saint Paul International Airport, International Brotherhood of Teamsters, Airline

MINNEAPOLIS, Jan. 10, 2024 /PRNewswire/ -- On Wednesday, Jan. 10, flight attendants at Sun Country Airlines represented by Teamsters Local 120 will hold an informational picket at Minneapolis-St. Paul International Airport to demand a fair contract and better wages. The flight attendants will highlight how their wages are below industry standards, despite Sun Country Airlines' record revenue in 2023 and recent expansion of its fleet. Sun Country Airlines raised more than $200 million in an initial public offering in 2021.

Key Points: 
  • On Jan. 10, Sun Country Flight Attendants to Hold Informational Picket at Minneapolis-St. Paul Airport
    MINNEAPOLIS, Jan. 10, 2024 /PRNewswire/ -- On Wednesday, Jan. 10, flight attendants at Sun Country Airlines represented by Teamsters Local 120 will hold an informational picket at Minneapolis-St. Paul International Airport to demand a fair contract and better wages.
  • The flight attendants will highlight how their wages are below industry standards, despite Sun Country Airlines' record revenue in 2023 and recent expansion of its fleet.
  • Negotiations for a new collective bargaining agreement between the Teamsters and Sun Country Airlines began nearly a decade ago in November 2014 and was amenable in December 2019.
  • Since bargaining resumed in October 2021, Sun Country management has failed to bring the flight attendants' contract up to industry standards.

Sun Country Airlines Holdings, Inc. Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Tuesday, December 12, 2023
Telephone, 2nd Floor, Sale, Hand, Country, Apollo Global Management, Varick Street, Sun Country Airlines, Barclays, Broadridge Financial Solutions, Morgan Stanley, Security (finance)

Sun Country Airlines is not selling any shares and will not receive any proceeds from the offering.

Key Points: 
  • Sun Country Airlines is not selling any shares and will not receive any proceeds from the offering.
  • The Concurrent Share Repurchase will be made pursuant to Sun Country Airlines’ previously announced stock repurchase program.
  • The completion of the Concurrent Share Repurchase will reduce the remaining availability under the stock repurchase program.
  • Sun Country Airlines intends to fund the Concurrent Share Repurchase from existing cash on hand.