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Apollo’s Sun Country Air to revive IPO plans

Bloomberg Apollo Global Management Inc’s Sun Country Airlines is planning to restart its push for an initial public offering as soon as next year if travel demand picks up across the industry, said the carrier’s top executive. Sun Country’s core business of taking Midwest leisure travellers to Florida, Las Vegas and other warm-weather destinations has already recovered enough to turn ...

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Allegiant weighs used Airbus planes, defies travel collapse

Bloomberg Allegiant Airlines is weighing purchases of used Airbus SE planes as soon as early 2021, bucking an unprecedented travel collapse that has gutted demand for jetliners. The carrier has been “inundated” with calls from airlines and aircraft lessors seeking to sell planes at deep discounts as they contend with the coronavirus pandemic, said Allegiant Chief Financial Officer Greg Anderson. ...

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Singapore Air’s A380 restaurant tickets sold in 30 minutes

Bloomberg Singapore Airlines Ltd said all seats on its Airbus SE A380 jetliner pop-up restaurants were reserved within 30 minutes of bookings opening. With flights largely grounded by the coronavirus pandemic, Singapore Airlines is trying novel ways to raise money, including using two of the superjumbos parked at Changi Airport as temporary eateries. A meal in a suite costs S$642 ...

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