Feb 2, 2016

Skymark's rehabilitation on track a year after bankruptcy

A year after its bankruptcy, Skymark Airlines, the nation’s third-largest carrier, is seeing an improvement in fortunes as rehabilitation gains pace. It has withdrawn from unprofitable routes since it filed for bankruptcy protection with the Tokyo District Court on Jan. 28 last year, and ...

Jan 12, 2016

Sharp to seek additional financial assistance from creditor banks

Sharp Corp. is planning to ask its major creditor banks for ¥150 billion in additional assistance, in line with a rehabilitation plan under a government-backed corporation turnaround fund, sources said. Under the restructuring plan of the Innovation Network Corp. of Japan, the struggling electronics ...

New program gives troubled teens a chance at social rehabilitation

Aug 19, 2015

New program gives troubled teens a chance at social rehabilitation

A 16-year-old parolee was sent to a social welfare facility in Tokyo’s Shinagawa Ward in late July to volunteer for social service as part of his rehabilitation. “Please clean this corridor,” instructed 72-year-old Ritsuko Noda, a probation officer and human rights commissioner representing the ...

Another presidential first: Obama visits U.S. prison

Jul 17, 2015

Another presidential first: Obama visits U.S. prison

Barack Obama got a first-hand look at the U.S. criminal justice system Thursday, becoming the first sitting president to set foot inside a federal prison and meet with incarcerated men there. Obama’s visit to the El Reno Federal Correctional Institution, a medium-security prison for ...

Skymark files recovery plan, names DBJ director as president

May 29, 2015

Skymark files recovery plan, names DBJ director as president

An executive of the Development Bank of Japan is expected to be named president of Skymark Airlines Inc. in a restructuring plan the bankrupt carrier was to submit to a court later Friday, sources said. Masahiko Ichie, director and managing executive officer of the ...

Mar 4, 2015

Skymark to suspend Yonago route from September

Bankrupt Skymark Airlines Inc. said Wednesday it will suspend flights to and from Yonago Kitaro Airport in Tottori Prefecture from Sept. 1 as one measure of many to restore its financial health. The suspension will remain through Oct. 24, but no decision has been ...

Feb 23, 2015

ANA Holdings to help Skymark recover from bankruptcy

ANA Holdings Inc., parent of All Nippon Airways Co., said Monday it has notified bankrupt Skymark Airlines Inc. of its plan to take part in the struggling airline’s restructuring. Its support may include a capital tie-up, joint purchase of jet fuel and code-sharing, ANA ...