12th Consecutive Quarter of Profitability
Sun Country Airlines reported its 12th consecutive quarter of profitability, demonstrating the resilience of its diverse business model.
Record Q2 Revenue
The company achieved the highest second quarter revenue in its history, reaching $263.6 million, a 3.6% increase over Q2 2024.
Cargo Segment Growth
Cargo revenue grew by 36.8% to $34.8 million, marking the highest quarterly cargo revenue in the company's history, with cargo block hours increasing by 9.5%.
Charter Revenue Growth
Charter revenue increased by 6.4% to $54.3 million, with a 7.9% increase in charter block hours.
Strong Financial Position
Total liquidity at the end of Q2 was $206.6 million, and the company expects to pay down an additional $44 million in debt by the end of the year.
Positive Long-term Outlook
The company anticipates achieving $1.5 billion in revenue, $300 million in EBITDA, and $2.50 in EPS by the second quarter of 2027.