Sun Country completes private EETC; AirNZ launches capital raise

Sun Country has announced the completion of an offering of Enhanced Equipment Trust Certificates (EETC) which will be used to obtain financing secured by 13 Boeing 737-800 aircraft. Five of the 13 aircraft are currently owned and are being refinanced, two of the aircraft are currently owned outright, four of the aircraft are expected to be acquired on or about the initial funding date, and the remaining two aircraft are under lease and are to be purchased from the lessors under purchase options in the respective lease contracts. Sun Country received gross proceeds of $172,507,000 in respect of 12 of