STOCK TITAN

Sun Country Airlines Holdings (SNCY) 10-K Filings

SNCY

Here are the 10-K annual reports from Sun Country Airlines Holdings, Inc. (SNCY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow SNCY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNCY filings page.

Rhea-AI Summary

Sun Country Airlines Holdings, Inc. filed an amendment to its annual report to add Part III information on directors, governance and executive compensation, instead of issuing a proxy, as the company expects to be acquired by Allegiant Travel Company as early as May 13, 2026 following shareholder approval. The filing notes no changes to previously reported financial results. As of June 30, 2025, non-affiliate equity had an aggregate market value of about $624 million, and there were 53,223,302 common shares outstanding as of December 31, 2025. The amendment details a staggered eight-member board, committee structures, cybersecurity and compensation governance, 2025 bonus outcomes, and long-term incentive design with RSUs and PSUs, including change-in-control and clawback provisions tied to the pending Allegiant merger.

Rhea-AI Summary

Sun Country Airlines Holdings, Inc. provides its annual overview of a hybrid low‑cost model built on Scheduled Service, Charter and asset‑light cargo flying for Amazon. The company describes a pending Merger Agreement under which Allegiant Travel Company will acquire Sun Country.

Each Sun Country share is to be converted into $4.10 in cash plus 0.1557 Allegiant shares, with closing expected in the second half of 2026, subject to shareholder, regulatory and Nasdaq listing conditions. As of December 31, 2025, the fleet comprised 70 Boeing 737‑NG aircraft, including 20 cargo aircraft operated for Amazon and three aircraft leased to other airlines, with an agreement to increase Amazon freighters to 22.

The filing highlights a focus on peak‑demand leisure flying from Minneapolis–St. Paul, large repeat Charter contracts (including the U.S. Department of War and MLS), and a six‑year amended Amazon air cargo agreement running to 2030 with renewal options. Key risks include fuel price volatility, economic cycles, intense airline competition, labor negotiations and the possibility that the Allegiant merger may be delayed, face added costs or fail to close.