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Sun Country Airlines on the Brink: Is This Low-Cost Carrier About to Take Flight into Oblivion?
Sun Country Airlines faces financial struggles, reporting a net loss of $142 million in 2020. The airline implements operational restructuring measures, including layoffs and reduced operations at certain stations. Despite rumors of the airline's imminent demise, passengers booked with Sun Country may still fly safely. Competitors can capitalize on these opportunities by expanding route networks and innovating products and services targeted at customer preferences.