Mar 24, 2015

Skymark pays ¥3 billion in Haneda landing fees

Failed Skymark Airlines has paid the government some ¥3 billion in overdue landing fees at Tokyo International Airport at Haneda and other state-managed airports, Jiji Press learned Monday. Skymark believes it necessary to keep its takeoff and landing slots at Haneda in order to ...

Mar 6, 2015

Arts book publisher Bijutsu Shuppan-sha files for court protection

Bijutsu Shuppan-sha Co., a publisher of art books and magazines, including the widely acclaimed Bijutsu Techo magazine, has filed for court protection from creditors after being in business for more than a century. According to credit research agency Teikoku Databank, the Tokyo-based publisher had ...

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 ...

Orix mulls aiding bankrupt Skymark Airlines

Feb 17, 2015

Orix mulls aiding bankrupt Skymark Airlines

Leasing firm Orix Corp. may invest in bankrupt Skymark Airlines Inc. as the carrier restructures, sources close to the matter said on Tuesday. Orix is one of the nation’s biggest nonbank financial companies. Its businesses include aircraft leasing. It plans to inform Skymark by ...

Feb 6, 2015

Skymark wins Integral's support after bankruptcy filing

Skymark Airlines Inc., the budget carrier that filed for bankruptcy last week, won a pledge from private-equity fund Integral Corp. for ¥9 billion to support it through the restructuring process. Integral will provide Skymark with financing to maintain stable cash flow during the process, ...

Jan 28, 2015

Skymark to file for protection from creditors

Struggling Skymark Airlines Inc. will file for protection from creditors at the Tokyo District Court, sources familiar with the matter said on Wednesday. The airline planned to make a formal decision on the matter at an extraordinary board meeting later in the day, the ...

Dec 16, 2014

Late Japanese architect Kurokawa's firm files for bankruptcy

The office of the late Japanese architect Kisho Kurokawa, known for his grand futuristic designs in projects including Kuala Lumpur International Airport, filed for bankruptcy protection on Monday. Kurokawa’s works include Amsterdam’s Van Gogh Museum, described as a bridge between Western rationalism and Eastern ...

Nov 26, 2014

Bitcoin exchange Kraken to help in Mt. Gox bankruptcy

U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world’s largest bitcoin exchange before it collapsed in bankruptcy this year. Kraken, Payward’s bitcoin exchange, will assist Mt. Gox’s ...