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Skymark Airlines falls back into the red in December quarter


Japanese LCC, Skymark Airlines, slipped to an operating loss of USD41.7 million (JPY3.7 billion) in the nine months ended 31-Dec-08 after reporting an operating profit of USD31.9 million (JPY2.9 billion) in the previous corresponding period. [1133 words]

Unlock the following content in this report:


  • Expects a return to profitability in FY09/10 following a loss in FY08/09
  • 2013 target: Revenues of USD394 million, operating profit of USD72 million and fleet of 20 B737NGs
  • President and CEO increases stake to over 50%

Graphs and data:

  • Skymark financial highlights for nine months ended 31-Dec-08
  • Skymark financial forecast for 12 months to 31-Mar-09
  • Skymark fleet plans: Feb-09
  • Skymark Airlines capacity breakdown by route (seats per week as % of total): Week commencing 02-Feb-09
  • Japan domestic capacity share by carrier (seats as % of total): Week commencing 02-Feb-09
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