Sun Country to ‘grow sensibly’ after reporting small Q4 loss
Sun Country Airlines says it continues to “grow sensibly through the recovery” as it posts a small loss for Q4 2021. The Minneapolis, Minnesota-based ultra-low cost carrier on 7 February says it lost $602,000 in the final three months of the year, compared to a loss of $8m in the same quarter in 2020. For the full year, Sun Country achieved a profit of $77.5m – including government financial aid – compared to a loss of $3.9m in 2020. Revenue for Q4 was $172.6m, up from $107.8m in the same quarter in 2020. For the full year 2021, the company reported $623m in revenue, up from $401.5m in 2020. “We closed out 2021 in a very strong way,” says CE Jude Bricker. “The company is in a tremendous position, and we are excited to see it outperform in 2022 and beyond.”<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-02-08/unaligned/sun-country-to-2018grow-sensibly2019-after-reporting-small-q4-loss
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Sun Country to ‘grow sensibly’ after reporting small Q4 loss
Sun Country Airlines says it continues to “grow sensibly through the recovery” as it posts a small loss for Q4 2021. The Minneapolis, Minnesota-based ultra-low cost carrier on 7 February says it lost $602,000 in the final three months of the year, compared to a loss of $8m in the same quarter in 2020. For the full year, Sun Country achieved a profit of $77.5m – including government financial aid – compared to a loss of $3.9m in 2020. Revenue for Q4 was $172.6m, up from $107.8m in the same quarter in 2020. For the full year 2021, the company reported $623m in revenue, up from $401.5m in 2020. “We closed out 2021 in a very strong way,” says CE Jude Bricker. “The company is in a tremendous position, and we are excited to see it outperform in 2022 and beyond.”<br/>
