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Sun Country - Press Releases

Sun Country Airlines Names Stephen Spellman CFO/COO

St. Paul, MN – April 13, 2007

Sun Country Airlines today announced the appointment of Stephen M. Spellman to CFO/COO of the airline. Mr. Spellman joins Sun Country following ten years with Champion Air where he served as President/CEO since 2003.

“We are very pleased to have Steve join our team,” said Shaun Nugent, CEO of Sun Country Airlines. “With Steve’s extensive financial background, vast experience and wealth of industry knowledge, he will be a true asset to Sun Country Airlines and our employees.”

Spellman will be responsible for overseeing all financial and operational functions at Sun Country.

“Sun Country is a great airline with a strong heritage in this market,” said Spellman. “I look forward to being part of the future growth of the airline”.

Spellman joined Champion Air in April 1997 as vice president & chief financial officer. Prior aviation experience includes six years at Northwest Airlines where he was responsible for financial analysis, aircraft leasing, and other corporate finance projects. Spellman was also employed as a senior auditor by Ernst & Whinney (now Ernst & Young) and is a licensed Certified Public Accountant.

"Steve is a proven leader and his expertise will be a positive addition to the executive team as well as to the entire organization as the airline continues to grow," said Jay Salmen, Vice Chairman of Sun Country.

About Sun Country Airlines

Sun Country Airlines is a low cost, low fare carrier based in St. Paul, MN. Sun Country, a privately held company, is following a conservative growth plan to its popular destinations such as Phoenix, Dallas, Los Angeles, Orlando, Ft. Myers, Denver, Las Vegas and Washington, D.C. For a complete list of destinations and more information, please visit Sun Country's website at suncountry.com.

About Petters Group Worldwide

Petters Group Worldwide is a privately held company with investments in a dynamic collection of over 60 companies around the world. As an active manager, Petters Group supports these organizations by achieving investment synergies with services, financing and leveraging resources to support growth. The core areas of focus for Petters Group are merchandising/sourcing/brand management, emerging technologies, media and marketing, hospitality and entertainment, aviation, real estate and investment capital.


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