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Japanese LCCs - Skymark’s earnings succumbing to turmoil

29-Oct-2008

Japanese LCC, Skymark Airlines, has revised its financial forecast for FY08/09 (12 months to 31-Mar-09), in light of current challenges in the operating environment. [1325 words]

Unlock the following content in this report:

Subheadings:

  • Operational challenges almost overcome in Sep-08
  • To increase B737 cockpit crew by 12-13 pilots by the end of 2008 as part of transition from B767 equipment
  • Introduces new discount fare system
  • StarFlyer fails to move out of the red
  • Launches first international charter services as part of medium-term business plan
  • Diversifies operations with cargo services and Starflyer Business Service subsidiary
  • AirDo enters codeshare agreement with ANA

Graphs and data:

  • Skymark financial forecasts for FY08/09 (12 months ending 31-Mar-09)
  • Skymark traffic highlights for three months ended 30-Jun-08
  • Skymark traffic highlights for Sep-08
  • Skymark fleet plans: 2008 to 2011
  • StarFlyer financial highlights for the six months ending 30-Sep-09
  • StarFlyer financial forecasts for FY08/09 (12 months ending 31-Mar-09)
  • Air Do financial forecasts for FY08/09 (12 months ending 31-Mar-09)
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