Sun Country Airlines Holdings, Inc. Reports Operating Results for the Three Months and Year Ended December 31, 2023
January 31, 2024 at 04:04 pm
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Sun Country Airlines Holdings, Inc. reported operating results for the three months and year ended December 31, 2023. For the quarter, the company reported revenue passengers miles of 1,316,877,000 against 1,141,495,000 a year ago. Available seat miles were 1,554,043,000 against 1,352,830,000 a year ago. Load factor was 84.7% against 84.4% a year ago. Revenue passengers carried was 1,047,127 against 882,877 a year ago.
For the year, the company reported revenue passengers miles of 5,217,852,000 against 4,706,996,000 a year ago. Available seat miles were 6,044,011,000 against 5,637,233,000 a year ago. Load factor was 86.3% against 83.5% a year ago. Revenue passengers carried was 4,140,663 against 3,598,584 a year ago.
Sun Country Airlines Holdings, Inc. operates Sun Country Airlines, a hybrid low-cost air carrier that deploys shared resources across its scheduled service, charter, and cargo businesses. The Company focuses on serving leisure and visiting friends and relatives (VFR) passengers, charter customers, and providing crew, maintenance, and insurance (CMI) service to Amazon.com Services, LLC (Amazon), with flights throughout the United States and to destinations in Canada, Mexico, Central America, and the Caribbean. Its Passenger segment consists of two businesses: Scheduled Service and Charter. These businesses both utilize the Company's passenger fleet. Its Cargo segment provides air cargo services. It flies a single-family fleet of mid-life Boeing 737-NG aircraft. Its fleet consists of about 60 Boeing 737-NG aircraft. This includes 42 aircraft in the passenger fleet, 12 cargo operated aircraft through the ATSA with Amazon, and six aircraft that are on lease to unaffiliated airlines.
SUN COUNTRY AIRLINES HOLDINGS, INC. 
