US Airline CEO predicts higher air fares due to Pilot Shortage
“I believe staffing challenges will result in downward pressure on capacity and therefore, be positive to fares,” Sun Country CEO Jude Bricker said during the carrier’s fourth-quarter and full-year results call on Tuesday.
Sun Country is a US based ultra-low-cost passenger and cargo airline operating a fleet of close to 50 Boeing B737NG. The airline is currently experiencing a lack of staff which is limiting its ability to grow. Bricker said that in March the airline will fly the “maximum volume limited by staff,”. Even with the staffing issues the airline has confirmed that it is sticking to its fleet expansion plan to add 8 passenger aircraft in 2022.
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