Sun Country Airlines Holdings, Inc. Stock Price, News & Analysis

Sun Country Airlines (NASDAQ: SNCY) reported strong Q1 2025 results with record quarterly revenue of $327 million, up 4.9% year-over-year. The company achieved GAAP diluted EPS of $0.66 and adjusted diluted EPS of $0.72, marking its eleventh consecutive profitable quarter. Operating income reached $56 million with a 17.2% margin, while adjusted operating income hit $60 million with an 18.3% margin. The company's diversified business model proved effective, with robust growth in charter and cargo segments offsetting lower scheduled service revenue. Notable developments include a new $25 million share repurchase authorization, plans to add five more cargo aircraft by Q3 2025, and a new partnership with Synchrony Bank for credit card issuance. For Q2 2025, Sun Country projects revenue between $250-260 million and operating income margin of 4-7%.

Sun Country Airlines (NASDAQ: SNCY) has announced it will host its first quarter 2025 earnings conference call on Friday, May 2 at 8:30 a.m. Eastern Time. Investors and interested parties can access the live call and replay through the company's investor relations website at ir.suncountry.com or via a provided dial-in link.

Sun Country Airlines (NASDAQ: SNCY) has launched the 'Get To Going Series', a new travel documentary series showcasing authentic and affordable experiences in Sun Country destinations. The pilot episode, created in partnership with Budget, explores Arizona locations including Phoenix, Tucson, and Bisbee.

Hosted by Minnesotan content creator Amber Estenson (@thatmidwesternmom), the series highlights local businesses, restaurants, attractions, and connects with local operators and artists. The documentary aims to uncover lesser-known activities and demonstrate attainable travel experiences.

The series is available for viewing on GetToGoing.com and through Sun Country's onboard entertainment system. Additional episodes featuring other Sun Country destinations are planned for release throughout the year.

Sun Country Airlines (NASDAQ: SNCY) announced that President and Chief Financial Officer Dave Davis will present at the J.P. Morgan 2025 Industrials Conference. The presentation is scheduled for Tuesday, March 11 at 4:10PM EST. Interested parties can access the live webcast through the company's investor relations website at ir.suncountry.com.

Sun Country Airlines (NASDAQ: SNCY) has extended its booking schedule through December 9, 2025, enabling customers to plan their fall travel including MEA and Thanksgiving periods. The airline highlights popular destinations such as Fort Myers, Orlando, Las Vegas, and Phoenix, with nonstop service to Asheville, North Carolina returning in fall.

Operating 120 routes serving nearly 100 airports across the United States, Mexico, Central America, Canada, and the Caribbean, Sun Country offers the most nonstop destinations from a single airport among U.S. leisure airlines. The company is adding flights for sports fans, particularly supporting Minnesota's teams as a proud sponsor of Minnesota Gopher Athletics.

The airline features modern seating with full-size tray tables, comfortable recline, and in-seat power in most seats, complemented by free in-flight entertainment and complimentary basic beverages.

Sun Country Airlines (NASDAQ: SNCY) announced that President and Chief Financial Officer Dave Davis will participate in a fireside chat at the Barclays Industrial Conference on Thursday, February 20 at 11:00AM EST. The event will be accessible via live webcast through the company's investor relations website.

Sun Country Airlines (NASDAQ: SNCY) announced the pricing of a secondary public offering of 6,346,105 shares of common stock by an Apollo Global Management affiliate (the Selling Stockholder), representing their entire remaining stake in the company. The offering is expected to close on February 11, 2025.

Concurrent with the offering, Sun Country will purchase approximately $10 million worth of shares from the underwriters at the same price, funded from existing cash. The company itself is not selling any shares and will not receive proceeds from the offering.

Barclays and Morgan Stanley are serving as joint bookrunners and underwriters for the offering, which will be conducted through various methods including direct sales, brokerage transactions, and negotiated deals on the Nasdaq Global Select Market.

Sun Country Airlines (NASDAQ: SNCY) announced a secondary public offering of 6,346,105 shares of common stock by an affiliate of Apollo Global Management funds (the Selling Stockholder). This represents all remaining shares owned by the Selling Stockholder. Sun Country Airlines will not receive any proceeds from this offering as it's not selling any shares.

Concurrent with the offering, Sun Country Airlines has authorized a $10 million share repurchase from the underwriters at the same price they purchase from the Selling Stockholder, funded from existing cash. Barclays and Morgan Stanley are acting as joint bookrunners and underwriters for the proposed offering.

Sun Country Airlines (NASDAQ: SNCY) reported its Q4 and full year 2024 results, achieving record fourth quarter revenue of $260.4 million, up 6.1% year-over-year. Q4 GAAP diluted EPS was $0.24 with an operating income margin of 10.0%, while adjusted diluted EPS reached $0.27.

Full year 2024 revenue hit a record $1.08 billion, though net income decreased 26.7% to $52.9 million compared to 2023. The company's cargo business showed strong performance, with Q4 cargo revenue reaching a record high at $28.6 million, up 13.1% despite a 2.5% decline in cargo block hours.

Looking ahead to Q1 2025, Sun Country expects total revenue between $330-340 million (6-9% growth), with operating income margin projected at 17-21%. The company plans to expand its cargo operations with eight more Amazon freighter aircraft throughout 2025.