beefer
Posts: 350
Joined: Wed Jun 11, 2003 1:37 pm

Sun Country Airlines To Be Sold?

Thu Feb 02, 2006 7:43 am

According to the Minneapolis Star Tribune, Twin Cities businessman Tom Petters may become the new owner of Sun Country Airlines.

"Tom Petters has exclusive rights over a 60-day period to consummate a definitive agreement," Sun Country President Jay Salmen said Wednesday in an interview.

http://www.startribune.com/535/story/219814.html

............................

It will be interesting to see if this pans out. Sun Country is one of the few airlines actually making money, so it may be a good investment.
 
cbphoto
Posts: 1120
Joined: Sat Dec 20, 2003 6:23 am

RE: Sun Country Airlines To Be Sold?

Thu Feb 02, 2006 8:54 am

As long as the takeover does not lead to poorer service, or make the airlines go bankrupt, then I guess it does not matter. The only think I would like to see them do with the company is implement a FF program for those of us like myself that fly SY regular!!! Good Luck!
ETOPS: Engines Turning or Passengers Swimming
 
beefer
Posts: 350
Joined: Wed Jun 11, 2003 1:37 pm

RE: Sun Country Airlines To Be Sold?

Thu Feb 02, 2006 3:34 pm

Yes, I agree that a FF program would be nice.

Anybody remember the "Smile Rewards" program which Sun Country had when they were under LaMacchia ownership??? I liked that program and both my wife and myself got a couple of free flights out of that deal.

By the way, here's a link to an updated story in the StarTribune which goes a little more in depth.

http://www.startribune.com/535/story/220319.html
 
NIKV69
Posts: 10893
Joined: Wed Jan 28, 2004 4:27 am

RE: Sun Country Airlines To Be Sold?

Thu Feb 02, 2006 4:02 pm

Wow, very surprised to hear this. I hope the carrier continues to grow, it has come a long way.
Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!
 
sunking737
Posts: 1117
Joined: Tue Feb 22, 2005 10:33 pm

RE: Sun Country Airlines To Be Sold?

Thu Feb 02, 2006 8:42 pm

We were told last Feb. at a company meeting that they are always looking for people to invest in the company. As the story states they are looking for a $15 Million dollar investment. Will Mr. Petters invest $15 Million or but it out right? Only he and the Sun County Board knows for sure.

There should not be any change in service aboard the planes, as the Director of In Flight as been the one that has been asking everyone in In Flight to provide the great service that you have come to enjoy. She wants the F/A to treat passengers as if they were guest in their own home.

As far as a FF program they do have the VIP program. It is their FF program.

Information is available at the company web site....suncountry.com

Check it out.
Just an MSPAVGEEK
 
pilotfox
Posts: 281
Joined: Fri Feb 03, 2006 3:31 am

RE: Sun Country Airlines To Be Sold?

Fri Feb 03, 2006 3:57 am

I had talked with the Airport Director out at STC, St. Cloud, MN today. He has mentioned that Tom Petters is originally from St. Cloud and that he still has family living here. Also he is really interested in improving service in central Minnesota. Maybe even bringing monthly charters into several central Minnesota airports.
 
alphascan
Posts: 795
Joined: Mon Nov 24, 2003 12:04 am

RE: Sun Country Airlines To Be Sold?

Fri Feb 03, 2006 5:03 am

I apologize in advance for being a wet blanket.

Quoting Beefer (Thread starter):
Sun Country is one of the few airlines actually making money, so it may be a good investment.

From the Red Star/Trib article:

"The carrier turned a profit of $5.2 million for the first quarter of 2005, but Salmen said the airline had a net loss for the full year. He did not disclose the total loss."


" "But for fuel, we would be profitable," Salmen said."

Welcome to the airline industry.

Quoting Pilotfox (Reply 5):
I had talked with the Airport Director out at STC

If it's the same guy I spoke with a couple of years ago, I found him to be astonishingly uninformed. He couldn't answer my question of the #1 O&D market out of STC. This was at a time when STC was trying to get UAEx or AE to start service from ORD. I found the answer from another source: PHX.

Quoting Pilotfox (Reply 5):
Maybe even bringing monthly charters into several central Minnesota airports.

Several?? I can only think of two CENTRAL Minnesota airports with facilities for such flights. STC and BRD. Are there others?
"To he who only has a hammer in his toolbelt, every problem looks like a nail."
 
beefer
Posts: 350
Joined: Wed Jun 11, 2003 1:37 pm

RE: Sun Country Airlines To Be Sold?

Fri Feb 03, 2006 5:53 am

Quoting Sunking737 (Reply 4):
As far as a FF program they do have the VIP program. It is their FF program.

I am aware of the VIP program, but it can hardly be called a FF program.

It does not reward loyality to the airline (there are no free flights earned) plus you have to pay to be a member. Also, the fares really aren't that spectacular. You would have to be someone who flies alot on short notice to make the the VIP club worthwhile.

I would be curious to know how many members there currently are in the VIP program.

As far as I'm concerned, I still think the "Smile Rewards" program which the old Sun County had was one of the best FF programs in the industry.
 
sunking737
Posts: 1117
Joined: Tue Feb 22, 2005 10:33 pm

RE: Sun Country Airlines To Be Sold?

Fri Feb 03, 2006 12:30 pm

Yes, BUT the old Sun Country is DEAD. LaMacchia has not a thing to do with the "NEW" Sun Country. He is the one who drove Sun Country into the ground. You talk about him at corporate and the blood pressure of employees who worked for them goes through the roof. Not well liked.

You will not find a FF program like before because they DO NOT want that type of program. Look at how many people have a ton of FF miles they can't use on the other airlines due to black outs.

The VIP program is what management and the current owners want.
Just an MSPAVGEEK
 
Tango-Bravo
Posts: 2887
Joined: Sun Jun 17, 2001 1:04 am

RE: Sun Country Airlines To Be Sold?

Fri Feb 03, 2006 2:30 pm

Quoting Sunking737 (Reply 8):
You will not find a FF program like before because they DO NOT want that type of program. Look at how many people have a ton of FF miles they can't use on the other airlines due to black outs.

But I thought the legacies, and even Southwest, have done away with award ticket blackout dates. Even though "saver" award seat availability on what once were blackout dates is nil, along with numerous other popular dates, please repeat after me: there are no blackout dates Wink

A FF program along the lines of the legacies' programs would be the best thing Sun Country could ever do -- to ensure a return to non-profit malaise.
 
sunking737
Posts: 1117
Joined: Tue Feb 22, 2005 10:33 pm

RE: Sun Country Airlines To Be Sold?

Sat Feb 04, 2006 10:58 pm

I have a feeling that Sun Country released this information to see if they can come up with other offers. Another airline or some other buyer.

The best way to let everybody know what you are doing is by making it public.

Sun Country has always been quiet about what they are doing because " They don't want others to know what they are up too, or how they do it so well."
Just an MSPAVGEEK

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