亚马逊协议延期，航空公司股价飙升。
SunCountryAirlinesInc.(NASDAQ:SNCY)shareswsurgedThursdayfollowinganannouncementofanAmendedandRestatedAirTransportServicesAgreementwithAmazon.
WhatHappened:Theagreementextendstheirpartnershipthrough2030,withprovisionsforfurtherextensionuntil2037.ThisnewdealallowsSunCountrytoexpanditscargooperationsbyuptoeightBoeing737-800cargoaircraftstartinginearly2025.Bythethirdquarterof2025,alleightaircraftareexpectedtobeoperational,boostingSunCountry'sfleetfrom12topotentially20freighters.
JudeBricker,CEOofSunCountryAirlines,emphasizedtheimportanceofAmazonasakeycustomerandexpressedconfidenceintheairline'sabilitytodeliverexceptionalservice.
"AmazonisanextremelyimportantcustomertoSunCountryandstrongexecutiononourcurrentcargoservicespositioneduswelltogrowourbusiness.WelookforwardtocontinuingtoprovideservicestoAmazonintothe2030s,"saidBricker.
WhatElse:MorganStanleymaintainedanOverweightratingonSunCountryAirlinesandretainedapricetargetof$21pershare.Additionally,theairlinewillprovideabusinessandsecond-quarterupdateonJune21,2024.
SNCYPriceAction:SunCountryAirlinesshareswereupby12.3%,tradingat$11.55accordingtoBenzingaPro.
Image:FuzzfromPixabay.
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