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Sun Country Airlines Files For Bankruptcy

October 7, 2008 By: George Dooley

The Airlines Reporting Corporation (ARC) said that it has been advised that Sun Country Airlines sought protection under Chapter 11 Bankruptcy in U.S. Bankruptcy Court in Minneapolis, MN on Monday, October 6.

ARC also said Sun Country Airlines has stated that it expects to continue to operate flights without interruption. “On this basis, ARC will continue processing Sun Country Airlines-validated transactions, including sales, refunds and exchanges, without interruption,” ARC said in a statement.

Petters Aviation, LLC and its subsidiaries, including MN Airlines, LLC, d.b.a. Sun Country Airlines, filed for protection under Chapter 11 of the United States Bankruptcy Code, the airline said in a statement, but said “Sun Country Airlines will continue to operate and fly its regular flight schedule.”

Stan Gadek, chairman and CEO of Sun Country said, "We were forced to take this action as a result of recent events at Petters Group Worldwide. We do not anticipate any disruptions, and expect to operate business as usual. Customers can book their flights in confidence and know that they will continue to receive the great service that they are accustomed to on Sun Country."

Petters Aviation, LLC is a wholly owned unit of Thomas Petters, Inc., and owns MN Airline Holdings, Inc., the parent company of Sun Country Airlines.

Agents can contact ARC Customer Support Center at 703.816.8003 or at [email protected] with any processing-related questions.


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