Growth strategy: A Sun Country Airlines plane’s wing is de-iced at the Logan International Airport in Boston. Sun Country is focusing growth on its passenger and charter business, with plans to increase its fleet to 50 aircraft from 31 by 2023. — Reuters
NEW YORK: US budget carrier Sun Country Airlines Holdings Inc plans to expand its fleet, staff and network this year after Wednesday’s successful stock market debut, chief executive Jude Bricker told Reuters.
Sun Country, backed by private-equity firm Apollo Global Management Inc, raised US$218.2mil (RM895.9mil) in its initial public offering (IPO) and shares closed 51.6% higher at US$36.38 on their first day on the Nasdaq.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
