Sun Country Air creditors seek to force bankruptcy

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NEW YORK, Jan 8 (Reuters) - Three aircraft leasing companies on Tuesday
filed a petition to force privately held Sun Country Airlines into
bankruptcy court in an attempt to recover $3.1 million they claim is owed to
them.

Sun Country, which last month laid off most of its 900 workers and
temporarily suspended its flights, said that it would appeal the validity of
filing in Delaware and had 30 days to respond to the petition.

The three firms, Pegasus Aviation, Pegasus Aviation Lease Asset
Securitization Trust and Riverhorse Aviation Group, filed a petition in U.S.
Bankruptcy Court in Delaware seeking to force Sun Country into involuntary
Chapter 7 bankruptcy, according to court documents.


©2001 Reuters Limited.

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