{"id":5902,"date":"2019-08-29T23:28:45","date_gmt":"2019-08-30T04:28:45","guid":{"rendered":"http:\/\/planesintheair.com\/?p=5902"},"modified":"2019-08-29T23:28:45","modified_gmt":"2019-08-30T04:28:45","slug":"discount-carrier-sun-country-prepares-for-ipo","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=5902","title":{"rendered":"Discount Carrier Sun Country Prepares for IPO"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2019\/08\/a115f5504bab119acfab1f8b4f0ce8cd.jpg\" alt=\"\" class=\"wp-image-5903\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2019\/08\/a115f5504bab119acfab1f8b4f0ce8cd.jpg 800w, https:\/\/planesintheair.com\/wp-content\/uploads\/2019\/08\/a115f5504bab119acfab1f8b4f0ce8cd-300x201.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2019\/08\/a115f5504bab119acfab1f8b4f0ce8cd-768x514.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>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\u2019s CEO said Tuesday in an interview.<\/p>\n\n\n\n<p>\u201cOur earnings are supportive,\u201d Jude Bricker told Skift at the International Aviation Forecast Summit in Las Vegas. \u201cI think there\u2019s a market for an airline that is growing.\u201d<\/p>\n\n\n\n<p>If Sun Country were to go public next year, it would be a fast turnaround for Apollo,\u00a0which acquired the airline in December 2017.\u00a0The 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.<\/p>\n\n\n\n<p>Click the link for the full story! <a href=\"https:\/\/finance.yahoo.com\/news\/u-discount-carrier-sun-country-180032662.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"https:\/\/finance.yahoo.com\/news\/u-discount-carrier-sun-country-180032662.html (opens in a new tab)\">https:\/\/finance.yahoo.com\/news\/u-discount-carrier-sun-country-180032662.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s CEO said Tuesday in an interview.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[797,4813,89,5637,5992,5670,2203,1397,868,1103],"tags":[714,45,3708,3039,539,118,901,914,116,2866,160,3945,41,6584,1925,851,2163,1924,6585,4921,246,1635,2554,2553,2245,1907,4301,1269,1671,1324,717,1915,745,3599,199,1569,214,540,340,1923,2077,1567,2353,1744,1791,769,906,1936,718,412,6583,6006,6582,4637,4599,1022,3895,1762,6587,563,101,6586,5549,2585,5020,1691,1658,1916,2926,512,6472,1162],"class_list":["post-5902","post","type-post","status-publish","format-standard","hentry","category-airline-news","category-airplane-news","category-aviation-news","category-business-news","category-economic-news","category-economy-news","category-finance-news","category-stock-news","category-transportation-news","category-travel-news","tag-714","tag-45","tag-800-2","tag-acquired","tag-air","tag-airlines","tag-allegiant","tag-america","tag-american","tag-apollo","tag-aviation","tag-based","tag-boeing","tag-cambria","tag-carrier","tag-class","tag-configuration","tag-cost","tag-countertops","tag-country","tag-delta","tag-department","tag-discount","tag-equity","tag-exchange","tag-executive","tag-file","tag-firm","tag-first","tag-forecast","tag-frontier","tag-global","tag-group","tag-initial","tag-international","tag-ipo","tag-las-vegas","tag-lines","tag-los-angeles","tag-low","tag-management","tag-market","tag-mesa","tag-minneapolis","tag-minnesota","tag-model","tag-nashville","tag-network","tag-new","tag-news","tag-offering","tag-oregon","tag-owned","tag-portland","tag-prepares","tag-private","tag-public","tag-route","tag-skift","tag-spirit","tag-stock","tag-stone","tag-style","tag-summit","tag-sun","tag-transport","tag-transportation","tag-travel","tag-ultra","tag-virgin","tag-weekly","tag-york"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5902"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5902\/revisions"}],"predecessor-version":[{"id":5904,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/5902\/revisions\/5904"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}