Sun Country Expands Fleet During Pandemic, Prepares Push for IPO

Sun Country Airlines, an airline specializing in ultra-low-cost and charter operations in the United States, has restarted plans for an Initial Public Offering (IPO) as soon as 2021 if demand appropriately picks up, Crain’s reports. Sun Country had hoped to push an IPO in April 2020, but the operational complexity and the gravity of losses brought about by the coronavirus pandemic dashed those plans. The airline has faced increased competition in recent months as most major U.S. airlines have expanded…