Free Republic

The owner of Sun Country Airlines has warned pilots that because they can't agree on a contract, "our management team has begun the process of downsizing the airline, for what will need to be its ultimate shutdown." That threat was sent to Sun Country pilots Wednesday afternoon in a letter from Chairman Marty Davis, whose family owns the Mendota Heights-based carrier. Sun Country pilots have been unhappy about their pay and for years have been locked in negotiations with the company. Davis said he presented the pilots with what he called Sun Country's "last and best offer" -- an offer...

A federal search warrant is being executed at the headquarters of Petters Group Worldwide, which has Sun Country Airlines and Polaroid among its holdings. FBI spokesman Paul McCabe confirmed Wednesday that the FBI, the U.S. Attorney's Office, the IRS criminal investigative division and the U.S. Postal Inspection Service were all part of an ongoing investigation. He says agents on Wednesday were executing the search warrant at 4400 Baker Road in Minnetonka, which is where Petters Group Worldwide is located.