Wall Street Hopes There's No Country Like Sun Country

Wall Street Hopes There's No Country Like Sun Country

February 2021
17 min read
Edward Russell and Madhu Unnikrishnan

Issue Overview

The last U.S. mainline carrier to go public was Virgin America in 2014, which, it is safe to say, was a different era. The airline industry then was riding high and would soon start posting record profits. We all know what happened to end that party, resulting in the global suffering of a massive pandemic and the airline industry's worst-ever crisis. So why is Sun Country choosing now for its initial public offering? It's always been different, and there are some compelling arguments for Sun Country to go for it. We dive into the issue in this week's Feature Story.