Sun Country Airlines announced that Petters Aviation, a subsidiary of Petters Group Worldwide and Whitebox Advisors, will purchase the carrier for an undisclosed price. The transaction will be finalized over the next few months. "This sale will allow us to continue to develop our strong consumer offering, as well as provide necessary capital for future business growth," Sun Country CEO Shaun Nugent said. The airline operates nine 737-800s to 31 destinations in the US, Mexico and the Caribbean.
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