Sun Country Airlines shares are trading higher after the company signed an amended Air Transport Services Agreement with Amazon, extending the contract through 2030 with options to further extend terms through 2037.
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines shares are trading higher after the company signed an amended Air Transport Services Agreement with Amazon, extending the contract through 2030 with options to further extend terms through 2037.
June 20, 2024 | 12:58 pm
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Sun Country Airlines shares are trading higher after the company signed an amended Air Transport Services Agreement with Amazon, extending the contract through 2030 with options to further extend terms through 2037.
The extension of the Air Transport Services Agreement with Amazon is a significant positive development for Sun Country Airlines, providing long-term revenue stability and growth potential. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100