Business / Corporate Apr 14, 2016

Emirates to acquire two orphaned Skymark superjumbos

Emirates, already the biggest buyer of Airbus Group SE's A380 superjumbo, has agreed to take two extra aircraft originally commissioned by Skymark Airlines Inc., swelling its order tally to 142 of the planes. The initial deal was canceled after the budget carrier fell behind on ...

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 ...

Skymark expected to return to black

Business / Corporate Mar 25, 2016

Skymark expected to return to black

Struggling Skymark Airlines Inc. is expected to return to the black in the fiscal year ending on Thursday by posting an operating profit of more than ¥1.5 billion ($13 million), sources familiar with the matter said Friday. The company's business has been improving following restructuring ...

Editorials Jun 10, 2015

Skymark's rehabilitation

The transport ministry can help Skymark recover by insuring a sufficient level of competition exists in Japan's aviation industry.

Business / Corporate Jun 5, 2015

Major Skymark creditor approaches Delta over rehabilitation

Intrepid Aviation, the largest creditor of Skymark Airlines Inc., has approached Delta Air Lines Inc. about cooperating on rehabilitating the bankrupt Japanese carrier, a Delta source said Friday. Intrepid has opposed a Skymark rehabilitation plan that would tap ANA Holdings Inc. as a rehabilitation sponsor, ...