Who's Buying Sun Country?

[Green Banana]

Sun Country Airlines is close to being sold, according to court documents filed this week.
In a filing made Monday in the bankruptcy case of former Sun Country owner Tom Petters, trustee Doug Kelley said he "is anticipating accepting a letter of intent from a proposed purchaser shortly."
The name of the potential buyer wasn't disclosed, and neither was a purchase price.
Kelley asked U.S. Bankruptcy Judge Gregory Kishel to seal the name of the potential buyers, their offer and the minimum offer the airline would be willing to accept while the deal is being negotiated. A hearing on the matter is set for Tuesday.
Kelley said his ability to negotiate a price for the sale of the Twin Cities airline "will be hindered" if he can't provide assurance that the price being offered will be accepted by shareholders.

http://www.bizjournals.com/twinciti...try-airlines-close-to-being-sold.html?s=print

 

[johnsonrod]

Republic

 

[Captain Morgan]

Oh God no!!! Please God no!!! We should be banned from ever being able to buy another airline again!

 

[dispatchguy]

Now that they've emerged - Mesa.

Mesa SUCKS

 

[Flyer1015]

I am.

 

[brokedash]

Now that they've emerged - Mesa.Mesa SUCKS

Why wouldn't that type of move surprise me ?

 

[Peardc10]

It was listed in a court ordered document so it is available to the public. I wouldn't put much into this info. Some groups have shown some interest, but nothing serious I believe.

 

[labbats]

I hope the best for the Sun Country folks. Hopefully this will push their pay above awful.

http://www.airlinepilotcentral.com/airlines/major-national-lcc/sun_country.html

 

[HighSpeedClimb]

Vision

 

[MINIME]

If they have ETOPs, Guadalupe Holdings could be in the running.....