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Yup, all the old 727s and DC-10s were dumped during the bankruptcy proceedings. The current management who bought the airline out of bankruptcy court only kept the new 73s and they continue to take additional deliveries.
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I flew on Sun Country earlier this year and on the side of the 737, it was owned by another Minnesota LLC. So do they lease these planes from that company? I would think they do, but I am not sure.