SNCY - Public offerings

Revenue of $327 million, highest quarter on record(1)GAAP diluted EPS of $0.66, operating income of $56 million and margin of 17.2%Adj. diluted EPS(2) of $0.72, adj. operating income(2) of $60 million, highest first quarter on record(1), and margin of 18.3%Approved a new $25 million share repurchase authority MINNEAPOLIS, May 01, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. ("Sun Country Airlines," "Sun Country," the "Company") (NASDAQ:SNCY) today reported financial results for its first quarter ended March 31, 2025. "Sun Country is pleased to report our eleventh consecutive profitable quarter with GAAP EPS of $0.66 and adjusted diluted EPS of $0.72(2)," said Jude Bricker

MINNEAPOLIS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the pricing of the previously announced secondary public offering of 6,346,105 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"), which represent all the remaining shares owned by the Selling Stockholder. The offering is expected to close, subject to customary closing conditions, on February 11, 2025. Sun Country Airlines is not selling any shares and will not receive any proceeds from the offering. In addition, Sun Country Airlines has agreed to pu

MINNEAPOLIS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the commencement of a proposed secondary public offering of 6,346,105 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"), which represent all the remaining shares owned by the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. In addition, Sun Country Airlines has authorized the purchase from the underwriters of approximately $10 million of shares of common stock that are

MINNEAPOLIS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the pricing of the previously announced secondary public offering of 4,000,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"). The offering is expected to close, subject to customary closing conditions, on December 14, 2023. The underwriters will have a 30-day option to purchase up to an additional 600,000 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the

MINNEAPOLIS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the commencement of a proposed secondary public offering of 4,000,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"). The underwriters will have a 30-day option to purchase up to an additional 600,000 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. In addition, Sun Country Airlines has authorized the purchase from the underwriters of

MINNEAPOLIS, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the pricing of the previously announced secondary public offering of 5,250,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"). The offering is expected to close, subject to customary closing conditions, on February 21, 2023. The underwriter will have a 30-day option to purchase up to an additional 787,500 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the

MINNEAPOLIS, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the commencement of a proposed secondary public offering of 5,250,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"). The underwriter will have a 30-day option to purchase up to an additional 787,500 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. In addition, Sun Country Airlines has authorized the purchase from the underwriter of up

MINNEAPOLIS, March 31, 2022 (GLOBE NEWSWIRE) -- Sun Country, Inc. ("Sun Country"), a wholly owned subsidiary of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY), today announced the completion of an offering of Enhanced Equipment Trust Certificates (the "Certificates") which will be used to obtain financing secured by 13 Boeing 737-800 aircraft. Five of the 13 aircraft are currently owned and are being refinanced, two of the aircraft are currently owned outright, four of the aircraft are expected to be acquired on or about the initial funding date, and the remaining two aircraft are under lease and are to be purchased from the lessors under purchase options in the respective lease contrac

MINNEAPOLIS, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the pricing of an upsized secondary public offering of 8,500,000 shares of its common stock by certain of its existing stockholders including members of management (the "Selling Stockholders") at a price to the public of $32.50 per share. The offering is expected to close on October 19, 2021, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to purchase up to an additional 1,275,000 shares of common stock from the Selling Stockholders. Sun Country Airlines is not selling any shares and will not receive any proce

MINNEAPOLIS, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the commencement of a proposed secondary public offering of 8,000,000 shares of its common stock by certain of its existing shareholders (collectively, the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 1,200,000 shares of common stock from the Selling Stockholders. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. Barclays and Morgan Stanley are acting as joint lead bookrunners for the proposed offering. Apollo Global Securities is acting as

MINNEAPOLIS, May 19, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the pricing of an upsized secondary public offering of 7,250,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder") at a price to the public of $34.50 per share. The offering is expected to close on May 24, 2021, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to purchase up to an additional 1,087,500 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will

MINNEAPOLIS, May 17, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) ("Sun Country Airlines") today announced the commencement of a proposed secondary public offering of 6,000,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholder"). The underwriters will have a 30-day option to purchase up to an additional 900,000 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. Barclays and Morgan Stanley are acting as joint lead bookrunners for the proposed offeri

Q1 2021 GAAP EPS of $0.24 and operating income of $25 millionQ1 2021 Adjusted EPS of ($0.09)(1) and adjusted operating income of $1 million (1) MINNEAPOLIS, May 05, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. ("Sun Country Airlines", "Sun Country", the "Company") (NASDAQ:SNCY) today reported financial results for its first quarter ended March 31, 2021. "We are pleased to be reporting our quarterly results for the first time as a public company following our successful IPO in March.  The IPO strengthened our balance sheet and better positions Sun Country for long-term profitable growth," said Jude Bricker, Chief Executive Officer of Sun Country. "While we remain in an unp

MINNEAPOLIS, March 25, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (“Sun Country Airlines”) (NASDAQ: SNCY) today announced the repayment of a U.S. Treasury loan it received through the CARES Act. “We appreciate the support from the U.S. Government which helped provide stability for our customers and our employees during the pandemic,” said Sun Country Airlines President and CFO Dave Davis, “And we are pleased to be in a position to repay this loan so quickly.” Through the 2020 CARES Act legislation, U.S. airlines were given access to loans through the U.S. Treasury Department. Sun Country Airlines applied for and received a $45 million loan through this program in Octob