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Japanese LCCs in turmoil


Skymark Airlines President & CEO, Shinichi Nishikubo, stated he expects the carrier’s operations to "return to normal" by late Aug-08, following a pilots shortage that forced it to cancel a significant 633 services between Jun-08 and Aug-08. [1090 words]

Unlock the following content in this report:


  • To increase B737 cockpit crew by 12-13 pilots by the end of 2008 as it transitions from B767 equipment
  • Abandons plans to operate from Nagoya Chubu
  • To increase fares by 20% in Sep-08
  • Skymark expects to pay dividends for the first time in Mar-11.
  • Other Japanese LCCs also struggle

Graphs and data:

  • Skymark financial forecasts for FY08/09 (12 months ending 31-Mar-09)
  • Skymark traffic for 12 months ended 31-Mar-08 by route
  • StarFlyer financial forecasts for FY08/09 (12 months ending 31-Mar-09)
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