Sun Country Q2 profit rises to $52m as scheduled service outperforms

Sun Country Airlines posted a $51.8m profit in Q2 2021 as leisure travel demand in its scheduled service rebounded strongly following the more-than year-long coronavirus crisis in the air transport industry. Net profit for the period rose from a $6m loss in Q2of pandemic-plagued 2020, the Minneapolis, Minnesota-headquartered low-cost airline says on 28 July. Revenue for the period came in at $149.2m, up from $35.4m during the same period in 2020. That’s $22m, or 17%, higher than Q1 revenue, and 12% below Q2 2021. “We had a very strong second quarter driven by revenue outperformance in our scheduled passenger service business amid strong continued recovery in leisure travel demand,” says chief executive Jude Bricker. “Passenger revenue growth was driven by higher fares, strong ancillary sales and continued recovery in capacity. When combined with our resilient cargo business and steadily improving charter operation, we generated a second quarter profit after removing the benefit of the Cares Act grants, further demonstrating the strength of our unique, variable capacity business model,” Bricker adds.<br/>