Sun Country Airlines planning for IPO offering, according to CEO

Low-cost carrier Sun Country Airlines is planning to file for an initial public offering in April 2020, according to the airline’s CEO. The Minnesota-based airline, which is owned by private-equity firm Apollo Global Management, aims to become the first large-jet flying US airline to file for a public offering since Virgin America raised approximately $305 million in late 2014. “We are small, and we are different,” Sun Country’s chief executive officer Jude Bricker told Skift. “We just want to be ready for it, if it is open for us. “If it’s not, we will wait. “Our earnings are supportive, I think