Oct 7, 2008
Another one bites the dust
Sun Country Airlines declared itself insolvent and filed for bankruptcy yesterday.
Comments
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River, UK |
Get ready for many more. Google: Depression!
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AOL |
Chapter 11 is not insolvent.
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Judged:
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“Seattle to Newark and back”
Joined: Apr 19, 2007 Comments: 57 Seattle ISP: Newark, NJ |
To all of those that have made the company what it is, given their blood, sweat and tears I applaud you and wish you the best.
It is a great industry to be in in good times and a rough one in bad times, but those of us in it know we would rather be no where else. Hang in there! |
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They do have a fleet of newer a/c worth something.
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Yes they do have a nice fleet, but they do not own a single aircraft. |
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Pefect timing for the political climate in the US. Once again, a CEO and gang make huge mistakes and it's the little guy, the employees who are out on their luck, although it appears Petty will get his. I know many Sun Country employees and I feel bad for them. We need Sun Country in MSP and NO, I don't want SWA to be the new alternative. I fear the worst on this one.
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AOL |
Yes Petters is a crook |
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Do you think it was just a coincidence they filed just after SWA made their announcment to service MSP? They are usually the ones to drive in the final stake.
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