Originally Posted by
traveller001
Interesting but some duplication of routes.
I don't think duplication would matter. What would matter is the ability to fly to more International destinations and the 21 737-700s and -800s
The Current Owner if a counter-top company, owned by a dairy products company, sort of odd bedfellows.
In July 2011, Cambria purchased Sun Country Airlines out of bankruptcy for $34 million after the collapse of the Ponzi scheme of Tom Petters and Petters Group Worldwide, the former owner of the airline.
There is also a long running labor negotiation with the Pilots and the current management.
Back in May:
The board of directors of Sun Country Airlines (SY, Minneapolis/St. Paul) has told its pilot union that the airline is heading for its 'ultimate shut-down' after neither party was able to reach a consensus regarding a revised Collective Labour Agreement (CLA).
Seems like a sale to Southwest would solve all of these problems. Southwest would get more planes and more pilots. The pilots would get more money under the current Southwest CBA and the current owner could make a nice profit.