Business / Corporate Mar 28, 2016

Skymark exits bankruptcy, predicts first profit in three years

Skymark Airlines Inc. exited bankruptcy administration and forecast its first operating profit in three years after reducing its fleet, cutting routes and securing new funding. The carrier expects to report ¥1.5 billion ($13 million) in operating profit and sales of ¥70 billion for the year ...

Business / Corporate 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, the ...