Sun Country to operate 8 more B737-800 cargo aircraft for Amazon
Deal term extended to 2030 with potential further extension to 2037
Photos Credit: Sun Country Airlines
Nasdaq-listed Sun Country Airlines signed an amended and restated air transport services agreement with Amazon, extending the contract through 2030 with options to further extend the terms through 2037.
"Under the amended agreement, Sun Country will operate up to eight additional Boeing 737-800 cargo aircraft beginning in early 2025," says an official release.
The amended agreement will increase Sun Country’s cargo operation from 12 to up to 20 freighters with the first additional aircraft expected to begin service in the first quarter of 2025. All eight aircraft are expected to be operational by the third quarter of 2025, the release added.
“Amazon is an extremely important customer to Sun Country and strong execution on our current cargo services positioned us well to grow our business," says Jude Bricker, Chief Executive Officer, Sun Country. "We look forward to continuing to provide services to Amazon into the 2030s."
Sun Country reported a 2.5 percent increase in cargo revenue at $24 million for the first quarter of 2024. "Both cargo block hours and charter block hours declined in the first quarter by 1.1 percent and three percent, respectively year-over-year. Cargo block hours were influenced by scheduled maintenance in the quarter while charter block hours were optimised to minimise non-productive ferry flights."
