Revised Amazon deal to boost Sun Country’s cargo profits

Sun Country Airlines’ cargo activity and profits will significantly improve under an amended transportation services agreement to operate freighter aircraft for Amazon’s e-commerce parcel network, an executive with the leisure carrier said Friday.

Under the revised contract announced Thursday, Amazon will place eight additional Boeing 737-800 converted freighters with Sun Country (NASDAQ: SNCY) to operate on its behalf. The retail giant also extended the contract until 2030. The aircraft, which...

https://www.freightwaves.com/news/revised-amazon-deal-to-boost-sun-countrys-cargo-profits

Amazon transferring Boeing 737-800 cargo jets to Sun Country Airlines

Leisure carrier Sun Country Airlines will fly up to eight additional Boeing 737-800 converted freighters for Amazon under a contract extension announced Thursday.

Minneapolis-based Sun Country (NASDAQ: SNCY) has operated a dozen Amazon-supplied Boeing narrowbody cargo jets since 2020. It said its contract for providing crews, maintenance and insurance has been extended until 2030 and that it will begin operating the initial aircraft in the first quarter of 2025.

All eight aircraft are expected to...

https://www.freightwaves.com/news/amazon-transfers-8-boeing-737-800-cargo-jets-to-sun-country-airlines

Sun Country cargo revenue rises on higher Amazon flying

Cargo revenue at leisure carrier Sun Country Airlines jumped 18% year over year in the second quarter to $25 million as aircraft flown for Amazon, its dedicated cargo customer, were fully available after experiencing downtime for maintenance in 2022.

The airline’s overall health improved markedly during the three-month period, with revenues growing 19% to $261 million and operating income soaring to $35.6 million from $3.4 million during the same 2022 period, the company reported after...

https://www.freightwaves.com/news/sun-country-cargo-revenue-rises-on-higher-amazon-flying

Amazon flight pullback caps Sun Country Airlines’ cargo growth

Downtime for aircraft maintenance and Amazon’s more conservative approach to flight expansion amid reduced online shopping resulted in a marginal drop in cargo revenue last year for hybrid carrier Sun Country Airlines.

The Amazon transport provider said cargo revenue increased a modest 4.6% to $24.4 million during the fourth quarter but dipped 1.2% to $90.3 million for the full year on a 4% decrease in hours utilized.

Overall, Sun Country (NASDAQ: SNCY) reported fourth-quarter revenue of $272...

https://www.freightwaves.com/news/amazon-flight-pullback-caps-sun-country-airlines-cargo-growth

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