ATW Plus

Sun Country seeks independence from scandal-hit parent

Sun Country Airlines moved to become financially independent from parent company Petters Group Wordwide, which has become ensnared in a US federal criminal investigation that led to this week's abrupt resignation of Chairman and CEO Tom Petters. Petters Group offices and Petters' personal home were raided by the FBI and Internal Revenue Service, which allege that the company head and certain associates were involved in a massive multimillion-dollar fraud scheme. Airline CEO Stan Gadek told ...

Subscribe to Access this Entire Article

"Sun Country seeks independence from scandal-hit parent" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here

Please or Register to post comments.

Sign-up to receive our complimentary newsletter

ATW On-Location

Visit ATW at the Paris Air Show!
Booth:  Hall 3, Stand A-2


View all ATW On-Location

Recent comments

ATWOnline Marketplace - Buy a Link Now