Amazon needs more airlines to handle its growing number of deliveries and is turning Minneapolis-based Sun Country for help.
to fly its packages. Amazon owns warrants to buy minority stakes in both companies and has been bringing more logistics operations in-house. In June,Sun Country, which is owned by private equity firm Apollo Global Management, will use the business to help level out the seasonality of leisure flying, which surges in the first quarter when vacationers head south, CEO Jude Bricker told CNBC.
Those seasonal fluctuations are among "the core challenges we have with growing our business," said Bricker, adding that Amazon's demand peaks in the fourth quarter.Cargo flying "wasn't part of our plan," Bricker said. Sun Country will add 150 pilot jobs over the next 18 months, bringing its total to 500, to keep up with the extra flying Amazon will require.
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