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Mendota Heights-based Petters Group Worldwide now owns more than 80 percent of Sun Country Airlines. Petters bought out co-owners Whitebox Advisors, a Minneapolis-based hedge fund, on Friday and is now solely responsible for Sun Country's operations.

Jay Salmens is the president of Petters Aviation and the Acting CEO of Sun Country Airlines. He spoke All Things Considered host Tom Crann talk about the future of Sun Country Airlines.

Petters Group buying all of Sun Country Airlines

Tom Petters -- the Mr. Fixit of business

Mendota Heights-based Petters Group Worldwide now owns more than 80 percent of Sun Country Airlines. Petters bought out co-owners Whitebox Advisors, a Minneapolis-based hedge fund, on Friday and is now solely responsible for Sun Country's operations.


Sun Country now controlled by Petters Group

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