Sun Country has new owner

[Flying the Line]

Cambria, who ever that is.

http://atwonline.com/airline-finance-data/news/minnesota-based-sun-country-sold-new-owner-0721

 

[bri5150]

Cambria is a successful local quartz countertop maker. With Delta pulling more and more flights out of MSP, maybe they can make a run at it. It might be nice to have non-aviation, non-corrupt, ownership. I can't wait to see how they do.

 

[johnsonrod]

Cambria is a successful local quartz countertop maker. With Delta pulling more and more flights out of MSP, maybe they can make a run at it. It might be nice to have non-aviation, non-corrupt, ownership. I can't wait to see how they do.

Perhaps those new owners operate their own Citation and think they can now run an airline... Fingers crossed!!!!!!!!! Let's hope they bring in some professional management to actually run it.

 

[bri5150]

Perhaps those new owners operate their own Citation and think they can now run an airline... Fingers crossed!!!!!!!!! Let's hope they bring in some professional management to actually run it.

Yeah, because current airline management is so good at their job.

 

[satpak77]

not being negative but how do you go from countertops to owning/running Boeings

 

[labbats]

Coheed and Cambria?

 

[LongBeachTrijet]

Cambria is a successful local quartz countertop maker. With Delta pulling more and more flights out of MSP, maybe they can make a run at it. It might be nice to have non-aviation, non-corrupt, ownership. I can't wait to see how they do.

IMHO, "non-aviation" ownership of airlines is a big part of what is wrong with the industry. More and more airlines are owned by holding companies that is backed by some capital management firm. This means MBA bean counters and book cookers that couldn't tell a Boeing Stearman from a Boeing 737 are running airlines. Perhaps I'm too nostalgic, but it seems like airlines were better off when they were run by aviation oriented eccentrics like the Howard Hughes' or Juan Trippe's of the world.

 

[Spinn555]

...but it seems like airlines were better off when they were run by aviation oriented eccentrics like the Howard Hughes' or Juan Trippe's of the world.

They ran airlines in during Regulation. We'll never know how they would do in today's deregulated environment.

Totally different era.

 

[xjhawk]

The management is in place and is doing a good job making a day to day success of Sun Country. As long as they infuse capital and create stability they will be doing well. AS Delta abandons MSP and stabs the people of Minnesota in their back, lets hope this true home town airline grows. If they do not grow, lets hope that SWA can take up the slack.

 

[satpak77]

They ran airlines in during Regulation. We'll never know how they would do in today's deregulated environment.

Totally different era.

Some would disagree. Similar discussion by former GM Vice Chairman

http://www.time.com/time/magazine/article/0,9171,2081930,00.html#ixzz1RoJhzjOv

....It's interesting to note that the one area of the U.S. economy that's adding jobs and increasing productivity and wealth is also the one that is the most relentlessly product- and consumer-focused: Silicon Valley. The company off Highway 101 that best illustrates this point is, of course, Apple. The only time Apple ever lost the plot was when it put the M.B.A.s in charge. As long as college dropout Steve Jobs is in the driver's seat, customers (and shareholders) are happy. The reason is clearly the one Lutz puts forward in his book: "Shoemakers should be run by shoe guys, and software firms by software guys."

Read more: http://www.time.com/time/magazine/article/0,9171,2081930,00.html#ixzz1T4QI6edK
​

 

[Spinn555]

again-

We'll never know how they (Hughes and Trippe) would do in today's deregulated environment.

I still say it's a totally different era.

 

[satpak77]

again-

We'll never know how they (Hughes and Trippe) would do in today's deregulated environment.

I still say it's a totally different era.

Agree we will never know. That does not mean that their breed could not have done well.

As you said, we will never know.

 

[LongBeachTrijet]

They ran airlines in during Regulation. We'll never know how they would do in today's deregulated environment.

Totally different era.

That is a good point. However, I would still be willing to bet that they would do well.

i.e. Steve Jobs has similar characteristics; Passion, intimate industry knowledge, shrewd, business acumen, ability to adapt and even a little underhanded. We all know that Apple is doing nicely in a relatively unregulated environment. I know, apples and oranges, and it doesn't really prove anything. Nevertheless.......

I think that Hughes and Trippe would have adapted to deregulation as adaptation was modus operandi for that era's airline executives.......

 

[Daytonaflyer]

Coheed and Cambria?

Holy Crap! I almost forgot about that band.
I used to love the song "A Favor House Atlantic". I'm gonna go download it right now. Thanks.

http://www.youtube.com/watch?v=pRWjLLpwnOM&feature=related