Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Q2 2022 Earnings Conference Call August 9, 2022 10:00 AM ET
Company Participants
Chris Allen - Director, Investor Relations
Jude Bricker - Chief Executive Officer
Dave Davis - President and Chief Financial Officer
Grant Whitney - Executive Vice President and Chief Revenue Officer
Conference Call Participants
Duane Pfennigwerth - Evercore
Michael Linenberg - Deutsche Bank
Brandon Oglenski - Barclays
Scott Group - Wolfe Research
Operator
Welcome to the Sun Country Airlines Second Quarter 2022 Earnings Call. My name is Kathy Darnell, and I'll be operator for today's call. At this time, all participants are in a listen-only mode. [Operator instructions] Please be advised that today's conference is being recorded.
I'll now turn the call over to Chris Allen, Director of Investor Relations. Mr. Allen, you may begin.
Chris Allen
Thank you. I'm joined today by Jude Bricker, our Chief Executive Officer; Dave Davis, President and Chief Financial Officer; and a group of others to help answer questions. Before we begin, I would like to remind everyone that during this call, the company may make certain statements that constitute forward-looking statements. Our remarks today may include forward-looking statements, which are based upon management's current beliefs, expectations, and assumptions, and are subject to risk and uncertainties.
Actual results may different materially. We encourage you to review the risk factors and cautionary statements outlined in our earnings release and our most recent SEC filings. We assume no obligation to update any forward-looking statement. You can find our second quarter press release on the investor relations portion of the website at ir.suncountry.com.
With that said, I'd like to turn the call over the Jude.
Jude Bricker
Thanks, Chris. Good morning, everyone. Demand for all segments of our business remains as strong as it's ever been. Our revenue in 2Q grew over 29% versus the same quarter in 2019 on block hour growth at 23%. During the pandemic, we launched and built out our cargo business and now, and over the next several quarters, our main focus at Sun Country is to staff our airline to get back to 2019 utilization levels on our passenger fleet, as quickly as possible.
We want to deliver this growth, while also maintaining the operational excellence and service levels that our customers expect of us. I'm especially proud that year to date, Sun Country has led the industry in completion factor with 98.2% in this challenging operational environment. That performance during such rapid growth is a testament to the hard work and talents of all our team members that deliver for our customers each day.