Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / AIRLINES

Sun Country files for bankruptcy

October 07, 2008|From Times Wire Services

Regional carrier Sun Country Airlines is filing for bankruptcy protection, blaming legal troubles from a fraud investigation of its parent company, Petters Group Worldwide.

The privately held airline said it would continue its normal schedule as it reorganizes.

Petters Group founder Tom Petters has been charged in what authorities say was a scheme to defraud investors of millions.

Advertisement
Los Angeles Times Articles
|
|
|