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View Full Version : SY Warns of massive layoffs, possible shutdown.


Alex T
2008-10-02, 11:30 PM
Sun Country Airlines, fighting to survive a cash crunch, has warned its employees to prepare for the possibility of major layoffs -- or a shutdown of the airline -- as early as Dec. 1.

http://www.startribune.com/business/30189369.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD 3aPc:_Yyc:aULPQL7PQLanchO7DiUr

Alex
Matt Molnar
2008-10-06, 01:40 AM
They asked for a $50 million loan from the state of Minnesota early this past summer. I guess the state was not cooperative.