Sabena Boeing 747s with four-engined Airbus A340. After the liberalisation of the airline industry throughout Europe and the economic consequences of the Gulf War, the Belgian government, the main shareholder of the company, realized that Sabena had little chance of surviving on its own in this very competitive market, and began searching for a suitable partner. Sabena remained in a poor financial state, and year after year the Belgian government had to cover losses, however, it was however prevented from providing new funds due to EU State Aid rules. Around 1987, SAS tried to merge with the carrier, but the merger
Sun Country Airlines Erani as interim President and CEO, with Erani moving to other duties within the Davis family of companies. Jude Bricker, previously of Allegiant Air, was appointed as CEO one week after Erani stepped down. On December 14, 2017, the Davis brothers announced they would be selling the airline to New York Based Apollo Global Management for an undisclosed amount. As part of its strategy Sun Country moved towards being a "no frills" airline. As of October 2018, Sun Country Airlines flies to 47 destinations throughout the Caribbean, United States, Mexico and Central America. Many Sun Country destinations are seasonally served