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Cambria Holdings Owners Acquire Sun Country

Dépèche transmise le 20 juillet 2011 par Business Wire

Cambria Holdings Owners Acquire Sun Country

ST. PAUL, Minn.--(BUSINESS WIRE)--MN Airlines, LLC (Sun Country) announced today that its parent has sold Sun Country to a private company owned by the Davis family of St. Peter, Minnesota, the owners of Cambria Holdings, LLC. Financial terms of the transaction were not disclosed.

“the acquisition is a testament to the hard work and commitment of our employees during these past few years. I am very proud of our people and what we have accomplished during some challenging times, and I look forward to this exciting new chapter in Sun Country’s history.”

“Today is an exciting day for our employees, our customers and the communities we serve,” said Stan Gadek, president and CEO of Sun Country. “We look forward to working with our new owners to continue to expand our services, while maintaining our commitment to providing top notch customer service. As we approach our 30^th anniversary as the Twin Cities’ Hometown Airline, we intend to provide our customers with even more domestic and international routes.”

Gadek went on to say, “the acquisition is a testament to the hard work and commitment of our employees during these past few years. I am very proud of our people and what we have accomplished during some challenging times, and I look forward to this exciting new chapter in Sun Country’s history.”

Sun Country has more than 800 employees and flies to 38 year-round and seasonal destinations, in the U.S., Mexico, Caribbean and Europe. The carrier’s all-Boeing fleet consists of 12 modern and fuel efficient 737 Next Generation aircraft.

No changes to Sun Country’s operations, management team or frequent-flyer program are planned. Sun Country’s headquarters will continue to be located in St. Paul, Minnesota.

About Sun Country Airlines

Sun Country Airlines (MN Airlines, LLC, d.b.a. Sun Country Airlines) is based in St. Paul, Minnesota. The award-winning airline, which flies to popular destinations in the U.S., Mexico and the Caribbean, has earned a reputation for offering world-class service at an affordable price. Sun Country has been named a “Top Ten Domestic Airline” by Travel+Leisure for the sixth year in a row. The airline offers vacation packages through Sun Country Vacations, a program that allows travelers to book airfare, hotel, cruises, rental cars and more in a single, convenient transaction. The Hometown Airline also offers Sun Country Charters - taking your group flight, private charter or leased aircraft virtually anywhere with a commitment to service, consistent on-time performance, dependable maintenance and a customized and reliable charter experience. For more information, including a complete list of destinations and details on Sun Country Vacations, Charters and Groups, visit www.suncountry.com.