As CEO of Sun Country Airlines, Jude Bricker has observed the changing fortunes of large U.S. ULCCs and provides some perspective on the evolving sector.
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
On the heels of a financially strong year that saw its revenues top $1 billion for the first time, Sun Country is potentially eyeing a second focus city.
Improved staffing has allowed the Minneapolis-based airline to allocate additional peak capacity into its scheduled service and its charter operations.
Sun Country Airlines is bracing for cost headwinds in the fourth quarter due to a high number of its aircraft undergoing heavy airframe maintenance checks.