Sun Country Airlines received US Bankruptcy Court approval for a line of credit that will allow it to restore employees to full pay and meet other financial obligations. The Minneapolis-based carrier, which is working its way through Chapter 11 restructuring (ATWOnline, Oct. 20), was paying workers just 70% of their salaries. SCA did not reveal the origin of the debtor-in-possession financing, but news reports named Elite Landings, another subsidiary of SCA parent Petters Group Worldwide.

Subscribe to Access this Entire Article

"Other News - 12/04/2008" 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.