Sun Country Airlines,a small Minnesota-based, low-cost carrier owned by private-equity firm Apollo Global Management, plans to file for an initial public offering as soon as April, Sun Country’s CEO said Tuesday in an interview.
“Our earnings are supportive,” Jude Bricker told Skift at the International Aviation Forecast Summit in Las Vegas. “I think there’s a market for an airline that is growing.”
If Sun Country were to go public next year, it would be a fast turnaround for Apollo, which acquired the airline in December 2017. The previous owners, Mitch and Marty Davis, who also control Cambria, a maker of stone countertops, had managed Sun Country more like a family business than a medium-sized airline. Apollo has cut costs and changed the model, dropping first class, adding fees and making more it like Frontier Airlines or Spirit Airlines than an undersized competitor to Delta Air Lines or American Airlines.
Two-tone interior in Bespoke Saddle Tan/Black Amber
Aniline leather-trimmed seats with Alcantara® door inserts
PLANO, Texas (August 14, 2019) – A style icon since its introduction three years ago, the Lexus LC 500 adds another layer of sophistication this year with the introduction of the limited-edition 2020 Inspiration Series.
Blending the sensational lines of the LC 500 with a classic color palette, this new limited-production LC aims to evoke a more refined, mature coupe without giving up any of the modern performance, technology and style that makes it so desirable.
The transformation starts with its distinctive Nori Green Pearl paint, an exclusive Inspiration Series color for the LC. Subtle in its depth of color, yet eye catching at a glance, the distinctive shade of green complements every angle of the LC’s stunning design. A set of 21 -inch, two-tone wheels complete the look that elevates the LC’s style profile to another level.
The interior of the LC Inspiration Series is equally striking thanks to a two-tone color scheme that highlights the exceptional design and craftsmanship found in every LC. The 10-way power adjustable seats are trimmed in aniline leather, the softest, highest-grade leather available in the Lexus lineup. The rich Bespoke Saddle Tan color is unique to the Inspiration Series and is complemented by a slightly darker shade of Alcantara® trim on the door panels that adds a soft, inviting feel to the cabin.
In contrast with the tan seats, dark Black Amber leather trim is used on the steering wheel, dashboard, center console and doors. Brown stitching ties the darker leather trim together with the seats in addition to highlighting the fanatical precision of each stitch.
The finishing touch for each 2020 LC 500 Inspiration Series is a custom sill plate that marks the limited-edition nature of each car. Drawing from the geometric shapes found in the rear brake lights, the laser cut plates function as a subtle reminder of this car’s rarity every time you open the door.
There are no mechanical changes to this LC 500, so its naturally aspirated, 5.0-liter V8 delivers the same 471 horsepower as every LC that has come before it. The 10-speed automatic transmission sends power to the rear wheels through a standard limited slip differential that allows for a 0-to-60mph time of just 4.4 seconds.
Limited to just 100 units in the U.S., the 2020 LC 500 Inspiration Series goes on sale this fall. Pricing will be announced closer to the on-sale date.
New renderings showcase light-filled, environmentally sustainable concourse offering views of Citi Field and Flushing Bay.
New York favorites Birch Coffee, H&H Bagels and Juice Press among featured dining options from OTG.
Construction to date features 2,000 tons of steel, 50,000+ cubic yards of concrete, 40+ miles of piping, cabling and other infrastructure.
As summer begins, Delta teams are already looking ahead to the fall – and to celebrating the next major milestone in the airline’s history of investment in New York and at LaGuardia Airport.
The first of four concourses that will comprise Delta’s new state-of-the-art terminal at LGA is scheduled to open this fall, furthering the airline’s commitment to enhancing the New York customer experience from ground to air. The spacious 105,000-square-foot concourse will feature floor-to-ceiling views of Citi Field and Flushing Bay, gates that can accommodate a range of aircraft types, and dining options from favorite New York chefs and eateries.
“The historic infrastructure project underway at LaGuardia is a significant component of the more than $12 billion Delta is currently investing in airport redevelopment efforts around the country,” said Delta CEO Ed Bastian. “Our customers and employees are excited to see the LaGuardia of the future more fully come into view. Many thanks to everyone who has been working hard to launch an exciting new era for Delta in New York.”
“This new milestone in LaGuardia’s transformation brings us another step closer in converting the airport into a superb flight hub in line with New York standards,” said New York Governor Andrew M. Cuomo. “Our collaboration with Delta in the development of this concourse and their new LaGuardia terminal is another demonstration of the effectives of public-private partnerships at work to modernize our state’s infrastructure.”
Delta operates more than 275 peak-day departures from its LGA hub and began construction of a $3.9 billion replacement of Terminals C and D in 2017, building on the airline’s extensive investment in New York airports over the past decade. When complete, the new terminal will feature 37 gates across four concourses connected by a centralized check-in lobby, security checkpoint, and baggage claim; dual taxiways that will help reduce hold outs and taxi times; a new, larger Delta Sky Club with a Sky Deck; larger gate areas and more concessions space; and more efficient airport roadways.
The large airport infrastructure project supports the significant investments Delta has also made in the skies to provide more consistency, comfort and convenience on flights to and from New York. The airline has added thousands more flights on new aircraft in the market and offers more seatback entertainment and more first class seats than any other airline out of New York City.
New dining options highlight star-powered chefs, favorite flavors of New York
Delta has again partnered with airport hospitality group OTG to bring chef-driven dining options and authentic local flavors to the new concourse. Chef Mark Iacono of Brooklyn’s Lucali consulted on Rossi Pizzeria, a Neapolitan-style pizza and calzone concept; and chefs Jess Shadbolt and Clare de Boer of King Restaurant in Soho consulted on Flatiron Tavern & Provisions, a contemporary tavern that will feature chops, burgers and fresh fish. OTG will also be introducing New York favorites Birch Coffee, H&H Bagels and Juice Press. To ensure dining offerings are relevant throughout the day, the H&H Bagels outpost – available in the morning – will transition to Rossi Pizzeria in the afternoon and evening. Each of the full-service concepts will place power outlets and USB ports at every seat, along with tablets allowing customers to track their flight, browse the web, play games, and order food, drinks and amenities.
“OTG is thrilled to have partnered on such an important project for Delta, its customers and employees, and really the city of New York,” said Rick Blatstein, OTG CEO. “The dining options we’re introducing at these dynamic concepts reflect the best of what’s available in our city, offering Delta’s LaGuardia customers the flavors we love and appreciate as New Yorkers.”
Meanwhile, Stellar Partners, Inc., a wholly-owned subsidiary of HMSHost, will design retail options for the new facility that provide a wide selection of travel essentials.
“We are very pleased to be part of Delta’s elevated and differentiated concessions program at LaGuardia Airport,” said Padraig Drennan, Stellar President & CEO. “This is truly a visionary program that will change the airport experience for New Yorkers and visitors to the city, and we could not be more excited to partner with Delta in making this vision a reality.”
Concourse construction, highlighted by unique and sustainable attributes, enters final phase
As final preparations continue for the opening of the new concourse, Delta teams recently installed passenger boarding bridges at the gates and energized the facility with permanent power. They’ve also been paving the aircraft ramp areas, testing building systems, and constructing the temporary pedestrian walkway that will connect the new concourse to Delta’s existing Terminal D. The security checkpoint in Terminal D will expand to support both concourses until the centralized check-in lobby opens in late 2021.
The new facility features a 12-megawatt Con Edison substation, which is integrated into the upper level of the concourse, providing power for the new terminal. Additionally, all major electrical and mechanical equipment is housed on the upper level to protect such systems from water damage in the event of a major storm. The concourse also features an ice-generation system that reduces electrical consumption at times of peak demand by creating ice at night, when energy demand is lower, and using it to cool the building during the day.
The opening of Delta’s first new gates represents another step forward in the comprehensive $8 billion redevelopment of LaGuardia Airport announced by Governor Cuomo in 2015. Under the governor’s plan, old facilities are being demolished only as new facilities are completed, enabling the airport – which services 30 million passengers each year – to remain fully operational as the multi-phased construction project continues. To date, Delta’s construction features 2,000 tons of steel, more than 50,000 cubic yards of concrete, and more than 40 miles of piping, cabling and other infrastructure.
Delta has invested more than $7 billion in airport projects since 2006, and along with its airport partners, will be involved in an additional $12 billion worth of facilities infrastructure projects in coming years, including improvements in Atlanta, Los Angeles, New York, Salt Lake City and Seattle.
