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Apollo Global Management LLC
- Sun Country’s majority shareholder and parent company is Apollo Global Management LLC, one of the world’s largest alternative asset managers with more than $300 billion in assets under management as of December 2020.
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In July 2011, Sun Country was bought out of bankruptcy for $34 million by the Davis family, owners of Cambria, a Minnesota-based countertop company. [15] [16] Marty Davis, CEO of Cambria, became chairman. In 2015, the Sun Country board hired Zarir Erani as president and CEO. [17]
May 18, 2021 · May 18, 2021 — 8:53am. Glen Stubbe, Star Tribune file, Star Tribune. Sun Country’s chief investor, Apollo Global Management, will reduce its stake in the Minneapolis airline from 72% to...
Overview. Sun Country Airlines is a new breed of hybrid low-cost air carrier that dynamically deploys shared resources across our synergistic scheduled service, charter and cargo businesses. By doing so, we believe we are able to generate high growth, high margins and strong cash flows with greater resilience than other passenger airlines.
Dec 14, 2017 · Sun Country was founded in 1982 by Twin Cities area pilots and flight attendants. Its most recent owners are Minnesota's Davis family (specifically Marty and Mitch), tapped by Forbes as one of the country's wealthiest names.
Jun 4, 2023 · Sun Country Airlines is a privately owned airline that is headquartered in the Twin Cities of Minneapolis-St. Paul, Minnesota. The company operates under the direction of CEO Jude Bricker, who was appointed to this role in 2019.
Aug 15, 2022 · Share. Minnesota’s own Sun Country Airlines hasn’t always had a smooth journey. The airline, which turned 40 this year, barely survived its former owner, Tom Petters’ Ponzi Scheme and a...
Company History: Sun Country Airlines, operated solely as a vacation charter service for most of its history, became a scheduled carrier on June 1, 1999, offering nonstop flights to and from Minneapolis/St. Paul, Milwaukee, and Detroit to major U.S. cities and international destinations.
